Wow - just wow
Get in to this for its unbelievable nearology to RAS/CXO via the tenement application as other posters highlighted before the halt
AND THEN get blessed with what could possibly be the best REE acquisition I've ever seen on the ASX.
The incredibly high grade deposit at very shallow depths would make this very easy to get out of the ground with a low strip-ratio.
The comparable table of listed REE plays on page 9 of the acquisition document says it all really.
44mt at 1192ppm TREO
Its also noteworthy that their CUTOFF grade in the JORC is 500ppm (which is very high, the others in the table have much lower cut-off grades being between 200-325ppm)
I'm very excited to see more info emerge on this advanced deposit - oh & its in Australia! Not a high sovereign risk jurisdiction like Africa or the like
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-65
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