MEK 5.41% 3.9¢ meeka metals limited

It states in the announcement they are clay hosted RE with high...

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    It states in the announcement they are clay hosted RE with high percentage rare earth magnets. I saw other posts which 1000ppm were considered good. Surely given the size of this allotment and the grades it would be economical?

    Not sure if the nearby Lynas processing plant only does hard rock RE but believe it has spare capacity.
 
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