Reach’s focus will now lie on its Wabli Creek Niobium Project, with Chief Executive Officer Jeremy Bower saying that to receive $3.2 million upfront and another $10 million for a successful JORC resource was a great result in difficult market conditions.
How I read it is we now have DLI well and truly in or corner! This will help with heritage access, drilling, assays etc. This is massively positive in my eyes and if we hit Niobium, us shareholders will benefit greatly.
Ann: Earn in & Joint Venture Agreement with Delta Lithium, page-31
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