MTM 9.09% 3.6¢ mtm critical metals limited

Hi @andyjumbo. It's hard to draw comparables at the moment...

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    Hi @andyjumbo. It's hard to draw comparables at the moment without understanding the structures/minerals of the carbonatite. I'd point this out:

    WA1 = ferro/calcio/manganesio-carbonatite. Highly weathered and enriched supergene, with pyrochlore and columbite which hosts the (freakishly) high grade Nb.
    Niobec = mostly dolomitite/ferro-carbonatite. Pyrochlore and columbite, with modest/broad Nb grades.
    Montviel (next door) = ferro/calcio/silico-carbonatite (similar to MTM). Bastnasite/monazite/cebaite/pyrochlore. This is host to 82.4 Mt @ 1.5% TREO & 0.17% Nb2O5.
    Pomme = ferro/calcio/silico-carbonatite (interpreted). Early look at mineralisation seems similar to Montviel and points towards REE/phosphate mix. Montviel IMO is probably best comparable, given it's next door, but Pomme could change as drilling explores the different 'pockets' of the carbonatite, which may contain higher grades of different minerals in other carbonate settings. Take a look at the Mt Weld carbonatite, which has pockets of lots of different things at high grade.

    That's a long winded way for saying I wouldn't put a value on Pomme or draw comparables to other mineralised carbonatites until we know what's in it.

    Bring on the drilling!

 
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