I agree Ludba, some substance would make for a better debate...

I agree Ludba, some substance would make for a better debate than just to suggest some punters would be better off quitting the market to join the circus. Even if I feel like you might be right with your point.

I don't buy the "not enough measured and indicated" argument either. Even if only the measured and indicated values are used then Ngualla's in ground REE's are worth significantly less than for Nolan's Bore, Zandkopsdrift, and Thor Lake just for starters. And the same holds even more true on a global resource basis.

Why? I've read the "patience needed" stories on here, but that's about it. Are there still too many unknowns to getting Ngualla ore to market for it to be taken seriously as a development proposition at this point? Well yes, there is a lot of work to do, but I'm not sure that Ngualla warrants such steep discounting on that basis.

I'm confused. I've called this wrong, and I can't work out why. Any job openings going at the circus? I'll see what happens over the next week before I give them a call.