KTA seems to have a reasonable base in now Skeksil. It wouldn't...

KTA seems to have a reasonable base in now Skeksil. It wouldn't take a lot to fire it up.

The main item would be metallurgy that proves low cost recovery from rare earth clays. Underway so it's a waiting game there. There's a downside risk there though, if it looks like it's going to need a lot of acid, then it could drop although I'd like to think the market's already using that as the base case scenario.

I did have hopes for mineral sands from the drilling earlier in the year at Mt Clere but it seems highly unlikely that the company hasn't got the results this far down the line (went in the same time as the rare earths drills) so I'm assuming that the Major didn't view them as material enough to report.