MRD - 2 years 1 month from REE discovery to releasing leaching met results.
RDM - currently 2 months since discovery at Sybella, you'd hope they can be a tad quicker than MRD on the met
Other Aussie REE clay explorers for comparison (from initial discovery drill assays to releasing leaching met)
- OD6 - Nov 22 - April 23 = 5 months
- HRE - Oct 22 - July 23 = 9 months
- VTM - Jul 22 - May 23 = 9 months
- GRL - Aug 22 - Apr 23 = 8 months
- VSR - Jan 23 - June 23 = 5 months
- ASR - Mar 23 - Ongoing = >7 months
So T2, your 6 months estimate is potentially a bit optimistic given the track record of these explorers!
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