Won't take long now that the team have graphics and mags showing targeted anomalies. Depends now on pad preparation and whether there is enough COH to begin drilling. Shallow RC drilling won't cost that much.
Another Coy I follow did a 300 drill program REE (just completed) in mid WA at 10 holes a day DOH 80m. Lab turn around 3 weeks. Excellent fi.rst round results SP jumped 100%. Now about to release another batch and SP jumped another 25% SOI over 2bn.
If this mob can return some good results having SOI at under 1bn should see good interests from the market.
There are WA refineries that are screaming for ore. Iluka, Lynas. Both Gov backed, one only at 40% capacity. Especially for MREO/ionic low Uranium. But in saying this China holds over 60% of the REE market and they mine mostly non ionic ore TREO. Their doing well.
Most important is grade and quantum. Anything above 1500pmm with good viable Mets will get snapped up.
Fingers xed
Won't take long now that the team have graphics and mags showing...
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Last
4.2¢ |
Change
0.003(7.69%) |
Mkt cap ! $16.30M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.6¢ | 3.7¢ | $76.95K | 1.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 189155 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 95166 | 1 |
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| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.003 ( 21.6 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 4.6¢ | 3.7¢ | 555847 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| NWM (ASX) Chart |