It’s part of the contract MTM and GeoMega had signed off on as an investor once we get to the feasibility stage then production phase it’s important to know what these negotiated points mean. Right now MTM and GeoMega have agree on a 500-700 million dollar valuation on the buy back of 1 percent of the net profits for 1 million dollars. That’s important
Every Carbonatite advanced project that has been purchased and drilled on the ASX has hit multiple high grade mineralised systems. Pomme is no exception and having exceptional mineralised thickness with the same geology as Montviel will be hitting similar grades to the below hence why if you speak to management they are predicting a 1.5-2 percent TREO grade at average total depth and 1-2 percent Niobium over depth. Put that in comparison to peers you have a deposit better than DRE and still around $2-$3 price target
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