Indeed, developing this is under review but we have a lot on our plate..
Re-hash from March last year: LYC 'Metallurgical test work on fresh carbonatite to assess potential economic development pathways for mineral beneficiation of REE minerals,niobium, tantalum, and molybdenum minerals.'
My thoughts (Post #:59977299): 'I think many here are not aware (I had forgotten) that we have one of the largest niobium deposits (inferred) in the world. The Crown deposit alone is estimated to contain 400,000t Nb oxide, with a potential value of $24 billion.. with potentially equal amounts in Anchor and Coors deposits.'
Development of these resources will likely happen, just need to get Kal up and running first.. (and Mt Weld expansion.. and drilling.. and US operations..)
LYC Price at posting:
$7.18 Sentiment: Buy Disclosure: Held
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