Yes, as your link confirms, NTU agreed to sell a package of exploration licences in the Tanami region of the Northern Territory to NST in 2016, while keeping the REE exploration rights and acquiring REE rights over the NT side of the Browns Range dome from NST/Toro energy. This makes perfect sense for a company concentrating on RE exploration.
However, these arrangements do not affect NTU's WA tenements and mining lease at Browns Range and John Galt where they maintain 100% mineral rights. Please refer to the tenement report in NTU's June 2021 quarterly activity report for details. So your statement that GB sold "all the Browns Range non-rare earth mineral rights" is incorrect.
NTU Price at posting:
4.6¢ Sentiment: None Disclosure: Held
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