Key messages from Will11 Dec 2018 08:39
What a brilliant interview. Some highlights:
- 2018 focused on completing the drilling programme - with infill and step out
- Drill programme - exceeded our expectations - some really good results.
- Key objectives were #1 - increase grades in resource for existing mine plan of 8.5 MT and #2 - increase size of overall 32 MT resource
- Resource calculation underway - expecting lower stripping ratio and overall upgrade to the project.
- First Q1 2019 - full technical report to be published, triggers next tranche from Talaxis
- Completion of feasibility study will be main focus for 2019.
- Few REE projects globally, very few with such low capex (new railway line /road network upgraded
- We will be a low cost producer / competitive advantage.
- The chairman's expanded share holding secured at a premium which locks up warrants.
- Expected increased in customer demand for REEs - especially clean tech - huge growth in EVs next few years, much higher demand for REEs.
- Our pathway to production is clearing. MKA in a great position.