"What does it mean".... your guess is as good as anyone's.
Thiswas.... is a great result. Dean said himself how proud they are of this discovery.
The market is a very unstable environment atm.... as most now know.
40M/t REE resource and growing.... this has decades scale potential.
The high grade multi metal carbonatites.... Nd/Pr, Nb...( 23,000t ) P, Ti, Sc could still blow the 40 M/t out of the water.
DRE have a very experienced bunch of Geo's and management.
As P210 posted.... DRE geo's took out the AMEC awards last night.
85% of funds into the ground.... hard to expect more from this management group.
You're more likely to find them in the front bar with dirty hands and faces..... than on the 19th hole.
More than ever.... hard working smart management is where one needs to invest.
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