Nearly 100% certain renewed by PTR, probably standard 2 year length in SA, to make sure leases are being utilized and not banked, I can see on the site an application for renewal end of 2021, and the EL is described as active to PTR. As you can see I can;t let an open question go, but it helps me learn.
The good news might have been pulled down a bit by the US stock market drop of -3%, luckily we have a holiday Monday to give the overseas markets sorting time. The drop based around Feds response, possible 0.5% rise in lending rates to tame inflation. In no way should it affect mining stocks, but everything gets caught in a down draft.
Previous drilling programs (unfortunately not close to PTR), could be resampled in the clay layers to at least give an indication of REE.
Looking for near surface clay deposits, so cost effective AC rigs would be used, beats expensive deep diamond drills looking for refractories or U.
Have a good weekend.
PTR announcement, page-31
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