If they keep hitting REE on their land imagine the size of the JORC in six months time. Could be huge. Then they'll need to start drilling the new tenement to the East once its granted to the company.
Petratherm said the exploration work could potentially lead to an initial JORC mineral resource estimate within six months.
The mining friendly SA Government should wave through most of the permitting etc.
And financing from the Federal Government initiatives should make it easy.
Of course, lots of unknowns and things rarely happen at the speed that they should but if PTR have the goods it should be a bright future.
https://www.industry.gov.au/policies-and-initiatives/critical-minerals-facilitation-office/supporting-critical-minerals-projects-in-australia#:~:text=The%20government%20supports%20critical%20minerals,eligible%20for%20funding%20or%20assistance.
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