Ann: Record High Grades Support Imminent Resource Update, page-4

Nice talk! Including some poignant general discussions on the current market situation.

A few notes on my favourite moments:

10.30 min: Sovereign risk countries … however, Europe seems to be opening up.

16.39 min: AR3 drilling result is an ionic clay deposit, because its at surface, its free dig, infrastructural rich part of South Australia … reserve is going to grow … and I can’t stress enough the fact that this is a ‘low CapEx build’ , you can get into production at a lower scale than some of its comparable peers.

19.30 min: ‘Let’s face it South Australia has mostly low energy … and green energy … from an ESG point of view, so from cradle to grave … this rare earth will be able to feed into an environmental ESG aspect that the car manufacturers and wind manufacturers can tell their customers.’

21.00 min: AR3 has enough cash to get them through the next 18 months to 2 years.

Summary*:
AR3 has a tier1 asset located in a low sovereign risk location supported by mostly low energy and green energy technologies (hence, why South Australia’s energy costs is predicted to not go up as high as other states). It has secured enough funds to get through the next 18 month to 2 years. Therefore, it will not be part of the current fiat economy that is making all the headlines and background noise of late. AR3 low CapEx build is why I believe, when AR3 does emerge to start production it could possibly be a first mover into the new-age economic structure that will underpin what is required going forward.

All IMO, DYOR, GLTA(patient)H

* Not financial advice.