Galaxy GXY,has 152m shares on issue and it increased by the total market cap of BFE today.
It their results today they had a high of 271ppm of tantalum pentoxide.Ta2O5.
In the rock chip sampling by bfe there was also tantalum,cesium,nomibium,rubimium and berilium with the lithium oxide.With china holding the majority of rare earths this could be a bonus.
With historical mining of 1.8% to over 3% (no records)
bfe could easily double if the grades are as good as gxy.
I notice that the best result from gxy was at depth
99-103m.
If bfe can get results closer to surface it will be great.
Namibia has been great for a few ausralian companies and their grades are exceptional on some minerals and Sbr springs to mind.
Galaxy GXY,has 152m shares on issue and it increased by the...
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