is obviously early days, but hard not to get a little excited, given how potentially widespread the Ree/Kaolin resource is. Especially when you think about the location of it.
you look at a more developed IAC Ree prospect IXR. They have done a lot more drilling and have done more work on confirming the leachability of Ree’s but is probably a similar sized project and is a $250m+ market cap. They only own 60% of that project and it’s in Africa. It looks like a very good project by the way.
We own 100%, in Australia close to all infrastructure and we also have an advanced graphite project.
Will be interesting to see where we are at when we see all these drill results and get another look at the leachability.
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