Ann: Extension to Cu-Mo Porphyry System Discovered at Surface, page-10

I like @milesy 's comment - IGO must be thinking hard - perhaps if Dog Leg (Ni) lives up to expectations we might get a nice bundle of IGO shares for BUX.

Anyway at present BUX M.Cap at $30mil is just ridiculous - the graphite is worth more and even first sniffs of Nb send caps to $100mil, and a years drilling (WA1) to $500 mil. NUTS by comparison !!
A huge porphyry on Laramide Belt is worth much more than even a world class REE play. And 28 sq km (11 on JV to IGO) is plenty big enough area to cover one, or even several porphyries.
Remember BUX had choice of land in 2021 on the basis of historic drilling. They would have avoided barren land intentionally.

So I am playing with a valuation of $100 m at least if BUX shareholders would consider a scheme.

Just IMO - love to hear comments.