"Completed drilling demonstrates widespread and shallow...

"Completed drilling demonstrates widespread and shallow mineralisation of
phosphate with numerous intercepts >20% P2O5%"

Could be a simple open pit type operation.

Cant say i understand phosphate too well but 20% results seem very good.

Add to this flouraspa, REE, phosphate and just as expected, these type of volcanic cones are just a massive wealth of commodities.... Shenghe must be licking their lips seeing us at 61m a month out from what was meant to be a turn-key financing agreement.


On top of that,. REE still profitable




what gives mr market? Answer = cheap takeover compliments of the order book being locked into a select few... Traditionally the opposite should happen but once again, we take the risks.. ASX facilitates a manipulation down and what will FIRB do? this is the issue that Shenghe and anyone colluding to buy this cheap hasnt taken into consideration....