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'Drilling now to provide an inventory to support a P2' I believe...

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Jasox

2,016 Posts.

635

14/07/21

22:27

Post #: 54509384
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Originally posted by 3steps ↑

While we wait on finance ,approvals regarding permitting (nearly done) enviromental ESG (nearly done) ,offtakes and confirmation regarding
quality of final products in which I still have faith in. Every one to their on that.
Have an interest in regional exploration within our tenements maybe from my early days working for an
exploration company. Costs are relatively cheap in Namibia. Drilling now to provide an inventory to
support a P2. On the 28/1/21 we were informed that 23 new pegmatites have been identified within EPL 5439.
This target work is ongoing, and will extend into EPL 5555 and EPL 5718 over the next 6 months.
EPL 5555 is an interest to me, under cover , huge area that has never had modern exploration.
Will be looking forward to future updates. Hopefully a much larger resource is achievable as it is my main concern.
Good luck to all players.

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'Drilling now to provide an inventory to
support a P2'

I believe this is incorrect. The goal is 20 year feed for P1 as suggested in announcements?

Happy to be proven wrong....

Even if we entertain your suggestion it makes P1 somewhat a waste of time. Jump to P2 if the resource can sustain c.20 years supply, it would be a win for everyone.

LPD Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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