Yes Badger we all know how to make your preferred Deposit look like the "Best" there is: That Peak have chosen to prove up Ore Reserves while they waited for their SML, indicates to me that what they have now is nearly the lot. It also explains why their Registry is so big and their kitty so low.
Exploration at Longonjo on the other hand has barely scratched the surface, the deposit is still open at depth and in the whole of the Northern and Eastern quadrants; I would not be surprised to see at least an additional 0ne if not two Million tonnes of NdPr added to the Resource ~ However drilling any further out than what is required for the next 10-20 years production Reserves is a waste of money at this stage.
Note the Log-Log scales, The green line equates to an iso-height of contained product ie Grade x Tons
PM8 Price at posting:
$1.66 Sentiment: Buy Disclosure: Held
