Regarding the recently published Financial Report to 30th December, did any one else note the following sentence on Page 7 :- "........and a higher overall basket value compared to rare earth mineralization within the Bastinaesite Zone ( which form the basis of the Ngualla Projects Ore Reserves)" ? While this is really, really good, could it mean that the Management is now considering mining this Northern area first ? If so, what are the implications? Will we need a different kind of separating plant to isolate these new elements? If so, will there be a delay? How will Shenghe view a delay, for i think they could be desperate to get the originally proposed NdPr feed stock for their refinery in China. I think Management will be giving a lot of thought to this matter. Wichetty.
PEK Price at posting:
20.0¢ 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)