Ann: PNG Project Sale Update, page-37

This is a good well written post UFX with very sound points !

I totally agree with you that LNR/FNT management have done the right thing in grabbing a number very decent REE/ Lithium projects in politically sound Australia, and exit PNG Tolukuma, and not have to deal with the difficult location, political aspects and the fact that bringing Tolukum up to scratch would be a costly exercise, so in that aspect, the board has done well !

I too wonder what Tempest are thinking, which makes me then wonder whether Tolukuma is worth a lot more than we think?

However there is a few million coming in to LNR if all goes well at Tolukuma including cash, shares and then also royalties so i guess let's wat and see ! Drilling ahead on our RE Lithium is definately the way to go given the locations here and the neighbours !
Cheers !