BPL's latest update on its REE project can be seen here..
40082029
i was surprised, that for such a "promising" project, it cost only $80K....(why so cheap??)
i noticed too, that the grades are quite low, and, there would be no idea at this point as to whether the ore could be processed economically.
So, given that, i'm quite comfortable with the project acquired here, given its proximity to known and economic deposits......in fact NTU released more results today....and, again, having an ex NTU guy come across to this project says a lot for its potential....
hopefully, a good result from DD will reassure the market and boost the current poor sentiment towards RMX
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