Ask the widow in the Ivory Coast if she wants 50% of funds.... a better deal than just sending over 10K for administration. She'll be way chuffed.
("Rare Earth Minerals", "REM" or "the Company") Yangibana Update - Maiden JORC resource. Rare Earth Minerals (AIM: REM) advises that Hastings Rare Metals Limited ("Hastings"), REM's 70% joint venture partner in the Yangibana Rare Earth Element Project in Western Australia, have today announced the maiden JORC resource estimate for the Yangibana Project, based on the May 2014 reverse circulation ("RC") drilling programme at the Yangibana North prospect. The full Hastings news release is available at: www.asx.com.au/asxpdf/20140805/pdf/42r95g49gtpzxt.pdf Highlights  As disclosed in the Hastings announcement on ASX :  ·     Maiden JORC resource estimate for the Yangibana Project. ·     Total JORC Resource of 3.36 million tonnes comprising Indicated Resource of 1.86 million tonnes at 1.38% Total Rare Earth Oxides ("TREO") and Inferred Resource of 1.5 million tonnes at 1.29% TREO at a 0.5% TREO cut-off. ·     Major increase of 290% in contained TREO compared to previous non-JORC estimate. ·     Significant Neodymium (Nd2O3), a critical rare earth oxide, is included in the contained TREO, with average grade of 2,700 parts per million ("ppm") (0.27%). ·     Upgraded resource covers only 825 metres of strike length to a maximum 400 metres down-dip to a maximum vertical depth of 100 metres below surface. ·     Resource remains open in all directions with mineralisation cropping out to the east and west. ·     Additional reverse circulation and diamond drilling to commence in Q4 on neighbouring targets within the 550 km2 tenements at Yangibana.
Tesla Q &A did like the big banks sniffing around..... with any luck Tesla had already lined up buying Sonora's lithium before the Banksters get hold of it.... edge.media-server.com/m/p/bbz2caea/?token=2pwml55xzes8v5knyvuey995nf9yh5deuhn2hb1czrfxld642305826
I think the Banks will want the lithium. Then they can control the price. One way to clip Elon's ambitions..... but then he's bound to have beaten them to it.
TESLA Q & A worth a listen. edge.media-server.com/m/p/bbz2caea/?token=2pwml55xzes8v5knyvuey995nf9yh5deuhn2hb1czrfxld642305826