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.
A higher basket value in Northern Zone
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