Ann: RARE EARTH PROJECT UPDATE , page-12

ddzx

you look like you have read it right pretty well all along to me - i thought the info today was not as clear as previously and perhaps even some exaggeration in reporting
- your previous attempts at converting to a head grade are better than the companies!! - i think they say they are not able( not allowed?) to do it yet

i didnt like the fact it takes so much deciphering - i would have thought it a bit uncharacteristic for the company - the grades highlighted do seem to be the concentrates - dunno what to make of the zircon, titanium etc- they try and make out it is a positive(i.e higher grades if those werent affecting) but i dont know enough - is that a potential technical issue with recoveries?

is it worth pondering more about where the source rocks are? - is it nye on impossible for them not to be on their tenements

this is where it gets really interesting and why the next few months should have some terrific news

i guess they plan to mine the alluvial whilst they define the richest area of source rocks

sent : ltb but they are still spec