Ann: Drilling to Commence Next Month at Weld North REE Project, page-158

Apologies for neglecting to add this section from the 26/5/20 Ann:

NdPr Content Confirmed at Cummins Range at 22.1% with ultra-low ThoriumRareX has completed a review of the historical drill database for the Cummins Range Rare Earths Project which has determined an average Neodymium-Praseodymium (NdPr) content of 22.1%1. It has also highlighted ultra-low Thorium content at 50ppm ThO2. By comparison, most monazite derived from mineral sands averages in the range of 1-10% Thorium, giving Cummins Range a distinct advantage. The NdPr content of the Total Rare Earth Oxide (TREO) grade is consistent with other known carbonatite rare earth deposits including Mt Weld (24.7% NdPr Enrichment; Lynas Corporation).

I'm finding that 26 May Ann very well worth a re-read as it is dealing, in part, with the low capex mining development strategy.