Finally, some drilling is underway, Drilling will run 2 weeks ,if they find oxide mineralizations then it will continue, Just 1.4 km from Lynas Mt weld ree processing plant.
If they hit something, we are on some serious re-rate ..RGL can get up to 70% of the MT weld Ree project ownership. This could be huge, right next to the Billion dollar Lynas. We can even use their Processing plant. or some JV with Lynas if we found something REE oxide.
Ann: Mt Weld REE Project Drilling Underway, page-3
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