No worries Shady. I think the main thing with our clay is it wont really make drilling easier, if anything a little more of a pain, but it will make the mining of Ngualla potentialy much easier as clay as we know is very soft and should be very easy to dig up.
Though I am uber bullish on PEK I personally am not holding out for us to find huge amounts of HREEs at Ngualla in the clays of elsewhere. It would be a nice surprise and we do already have some but the point to date is we have a absolutely huge deposit that is still growing of LREEs and these are going up proportionately in value far quicker than HREEs. They are the muscle behind the wind turbines that are generating base load power in places like China and Denmark.
So for me its LREEs that will make us the bucks at Ngualla and anything else like the phos, niobium, titanium, and ofcoarse the HREEs and whatever else which may turn up is just a bonus. Anyway, I just found a great cocktail bar so will leave it at that, Skoll Tretchikoff.
PEK Price at posting:
60.8¢ Sentiment: Buy Disclosure: Held
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