LYC 2.73% $6.40 lynas rare earths limited

now lyc has cash will they buy out nav

  1. 1,651 Posts.
    this is from NAV:ASX 2 days ago......
    Higher grade REO intercepts from the 1m sample analyses (NAV December 2008 quarterly) that have
    yet to be incorporated into a revised resource include:
    �� 17m at 5.27% REO from 42m (including 7m at 7.55% REO);
    �� 29m at 4.57% REO from 27m (including 5m at 8.04% REO); and
    �� 20m at 5.55% REO from 2m (including 14m at 7.13% REO, or 3m at 19.32% REO).
    Primary zone high grade uranium mineralisation (8m at 1,378ppm U3O8) is locally present.
    Navigator is seeking to joint venture the Cummins Range project to a specialised REO industry player
    (preferably a producer or imminent producer) whilst the Company remains focused on achieving gold
    production at Leonora.
 
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$6.40
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0.170(2.73%)
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$6.34 $6.40 $6.28 $12.65M 1.991M

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2 15037 $6.39
 

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$6.40 38814 10
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