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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

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EJPert

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02/05/22

10:43

Post #: 61142249
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Originally posted by Chemist1959: ↑

The fact that they use a scintillometer as a proxy for their REE mineralization should prompt further questions and demands for answers from investors.

I am an investor, currently “holding”, happy with investment last couple years, but this serves as a reminder that we have no vision into the issues of uranium-thorium content, which is what the scintillometer is detecting.

I have handled and am comfortable around radioactivity, but it does take great care and expense and government regulators are constantly in your grill.

I hope we hear soon how this is being handled and by whom.

No alarmism please; no hysteria please; I’m just looking for answers I would like to have.

Now here’s a thought I have floated numerous times elsewhere that is much more than conjecture: China and India are independently working towards thorium nuclear power. It has pros and cons. China has been furiously researching Th power for several years and is CURRENTLY building its first Th nuclear power plant. India has long been at it, but that’s apparently the Indian way. Why is India interested in Thorium power? Because India has a huge amount of Thorium. Where is the Thorium? In their abundant mineral sands and beach sands. They currently process the sands at a government facility which takes the Thorium etc out. Then the residual ore is sent for rare earth extraction. The Thorium is currently garbage, but China plans to valorize it, build thorium power plants wherever it wants further leverage and/or in exchange for the Th-laced mineral sands that are the worlds greatest untapped source of REEs for magnets et al. Most deposits containing Thorium are disadvantaged and cheap; Thorium power completely changes the math and logic. Just some thinking.

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Chemist1959 - all on public record through the EPBC if you want to read all the documents. Look up referral 2021/9046.

http://epbcnotices.environment.gov.au/_entity/annotation/0eb0d93b-371b-ec11-80cb-00505684c563/a71d58ad-4cba-48b6-8dab-f3091fc31cd5?t=1634219867887

HAS Price at posting: 27.0¢ Sentiment: None Disclosure: Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

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