Cant fault this plan - specially in view of Summit's apparent problems with local negotiations.
And it is only natural for locals to want a share of their own resources - I expect Santa Anna will become a cash cow - with Nb, REEs and now phosphate sharing the way - the issue is how the milk will be shared, and who gets the cream.
The grades already known are excellent for a carbonatite intrusion (the mineralisation forms as the soft intrusion weathers away and the heavy minerals fall in upon itself) now find how far and where the minerals go at depth, and in the unweathered base rock.
Easy drilling from surface to moderate depth should yield project wide resource numbers quickly and the SP and Options should react quickly.
PNN Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)