I just then had a look at the announced XRF results a couple of months ago and compared these to the recent proper assays. It seems like the XRF results were extremely misleading. By my calculations the XRF results are approximately 20 x better than real assays. Understandable why the real results are no good and the sell down when expecting way better than AR3's. I think LNR management need to explain this because its very misleading.
I've also noticed the ASX clamp down on visual announcements especially with visual Spodumene in pegmatites in Lithium stocks. Probably a good reason to clamp down on XRF results as well if operators of this equipment are misleading the market.
Ann: Outstanding REE Results from Roadside Drilling at Murraydium, page-104
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