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18:17
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Originally posted by rick26:
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It was very interesting to read some of the MTM announcements today too, as they've just acquired a Company, gaining 2 REE projects at Mukinbudin today, and another in the East Kimberley. CDR is only mentioned briefly in their announcement and shown on their map of the area but it's some of the milestones to be reached in order to issue a bunch of options that makes an interesting contrast with the exceptional TREO figures you've circled here on the CDR announcement. The first tranche will vest when they drill more than 10m at only 1000pm TREO, where as you point out we already have 29m at almost 6 times their sought after grade, and the last MTM options milestone is a JORC of 20mt at more than 1000pm TREO. CDR has results well above their expectations already. MTM went up over 200% and is still up 110%
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Market didnt catch onto this today.
