Getting this thread back on topic in respect of the...

Getting this thread back on topic in respect of the announcement.

Stand outs from today's announcement, all of this is my opinion only.

1. Resource target
As @immmelman was quick to point out, the target offers potentially a huge increase in resource size, 17%-65%

2. Reserve increase
Also there is the prospect of an increase in the reserve category:

3. Land ownership and control

ABR has also taken full control over the prospective project areas in addition to the project area, with all areas permitted (part of the reason why they haven't been able to drill up to now). Below is the map pre-today's announcement taken from the Feb 21 E-DFS pg 27, basically dark green is Elementis Inc owned and not leased by ABR (FCCC), light green is Elemenitis Inc owned & leased by ABR. In that centre grid, yellow was State-owned (above surface) and mostly the State held the mineral rights below surface. Purple and pink are ABR (FCCC owned).




After today's announcement, ABR has taken freehold over most of the State areas as follows. Red is new purchases. Black solid line is existing project area. Black hatched is new exploration target.


4. Finally, Henri!
New CEO starts Monday. I'm expecting a few news pieces in the media next week after he starts (good PR), then proper ongoing newsflow once he's been on deck for 4-6 weeks.



Again all of the above is my opinion only.

Dan