RE: CRML18 Aug 2025 20:23
Yes RNS Essay result is out.. may see $7 shortly'' how quick was that''
Commenting on the Tanbreez assay results, Tony Sage, CEO & Executive Chairman of the Company, said:
“These incredible results underscore the strategic value of Tanbreez as a rare earth elements and gallium project with scale, grade, and a high proportion of critical heavy rare earths.
With China's total control over the rare earth market globally, securing sources of these critical minerals has become paramount for U.S. defence capabilities and national security.
Our project grades are exceptional and fully position Tanbreez as a strategically important asset for critical Western supply chains. These results further prove and progress our geological model vastly. The processing of the 2024 drill cores, and already completing over 1,500 meters of drilling as part of our 2025 Fjord Resource Upgrade program, puts us in a strong position to build on our significant resource base. All drill holes stopped in resource grade material and with further assays pending and more drilling underway, we see strong potential to grow the scale and nature of the project's mineral inventory.”
it's a shame TM1 had to go and spoil it today by asking for authority to put more shares on the Market and spooked investors, I don't mind them getting more working capital while CRML is still rerating for AUG to ensure we get the best price possible for our 800k holdings but it would have been nice to see some contract news first and a better SP instead of trying to raise fund with warrants on an already depress SP
is my only concern, but what can we do, as we are only along for the ride and nothing else, if we don't like it we can always sell and buy back later it;s pointless complaining like WKW
regards
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