Don't disagree Tizard, is just interesting the order in which...

  1. 491 Posts.
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    Don't disagree Tizard, is just interesting the order in which they are doing it, given it sounds like there is approx the same amount of drilling at the 3 REE prospects as there is at Caralue. Suspect this is to do with coordinating the ANSTO testing that is already underway, but may just be a function of access or recent weather in the area.

    The ultimate will be if we are able to mine both Kaolin/Halloysite and REE's in the same process at the same locations.

    In the same time frames of this drilling it sounds like we should see some significant updates on the graphite prospect as well. This is much more advanced then I think the market recognises, in some respects it's more advanced than the Renascor (RNU) project, with respect to permitting etc, even if they have some other obvious advantages. Would expect the bulk sample that is with ANZAPLAN at the moment should be in a position to be sent to prospective buyers for testing at some stage this year (potentially earlier), like what RNU is doing currently, and looking at demand forecasts for graphite I don't think there are going to be any shortage of potential buyers.

    Anyway should be an interesting few months!


 
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