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Ann: More High Grade Spodumene Confirmed at Ravensthorpe, page-167

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GneissDougy

747 Posts.

217

21/08/22

17:33

Post #: 63235565
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Originally posted by Weally: ↑

High profile producers and developers likely could be narrowed down to AKE, LTR and MIN. AKE is nearby and Mt Cattlin will be finished in the next few years; LTR has flagged areas much further to the west, 200km, near Gnowellup but it likely the only lithium developer within the region. And MIN, well they've been busy creating partnerships with a lot of other companies and brunting the costs for exploration, I wouldn't be shocked to know if they had approached BNR with a deal to cover the costs up to JORC in return for a large percentage of the project - see PNR, MQR for details.

I would say it's much more likely FMG have flagged this area for nickel potential, which would coincide with BNR's belief they have nickel potential in the northern sections of their tenements but we won't know until they make an official statement. BNR owns the singular yellow tenement to the east of the larger blue tenements, which is FMG.

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I told him about MQR people

BNR Price at posting: 14.5¢ Sentiment: None Disclosure: Not Held
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