Got it. Well let's speculate then. Let's say that it's 5% of the total resource and REE expand the total resource to at least double current, that gives you your 1mt starting point.
My speculation, and I've got a lot of shares behind it, is that we're going to get more than that. The drilling campaign hit mineralisation a lot deeper than historic drilling had done, up to 100m deeper. Plus it turned up significant indicators of higher grade than previously known, with scope for extension.
Price sensitive announcement SPECTACULAR THICK HIGH-GRADE RESULTS FROM IN-FILL DRILLING, page-27
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $9.481M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $49.78K | 3.913M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 142884 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 452982 | 2 |
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| Last trade - 15.44pm 16/08/2024 (20 minute delay) ? |
| REE (ASX) Chart |