Great interview, sounds like that DJ has a good understanding and has worked out a clear path and cost effective stratergy to production:Outstanding rare oppurtunity for IPT to become a Critical mineral producer, with minimal cost outlay, lots of blue sky ahead, IMO only a matter of time before it takes off.
- JORC maiden resource estimates 4-6 weeks away, minimal drilling required, most drilling already done.
- Minimal costs of about $2 million to carry out Scoping study, PFS and DFS. About half of these costs could be refunded via government rebates.
- Mining lease application to be lodged in about 6 months time.
- Minimal cash outlay to purchase the 80% interest in the project, mainly paid by the issue of shares.
- A lot of potential government assistance available being a Critical Mineral.
- Could be in production a few years time at a very cost effective price.
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Great interview, sounds like that DJ has a good understanding...
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