Im no geo but stands to reason that if we have an alluvial zone that is turning up these good grades of REE's then when they drill the source of these alluvials we will have better grades. This was mentioned in the announcement.
'The large (project scale) structures identified' as having possibly an alluvial and or insitu component are associated with higher grade REOs.
As they drill/obtain the results for these structures the market will wake up to the scale and value of the project that PEK is unveiling.
A re rating is comming.
Cheers
Retrac
important highlights, page-8
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