@MarlsBarksley@alainknokke Thank you Daniel, there is a legal limit I can tell the market without formal stock exchange releases and meeting regulations on reporting on ore bodies. It’s harder when you have a unique one of a kind ore with three components and one has all the major value in it ( 80-85% )
@asxstocklife@alainknokke@Rebecca98869736@TonySage7237 We are full core scanning this year all of our cores with laser and micro XRF technologies, with optometric analysis. This means we will have a significant improvement in ore body undergoing and processing data
@miscomputate@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 We will be showing a more modern view point of the ore bodies potential and now with the JV refineries on the card a significant bigger profit margin for the company as we focused on final REO / metals/ magnets and other critical elements being produced, and not just export con
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 It’s still not our work,
Was always and still is Barnes privately owned company PEA that we purchased the tenement and holding rights of Tambreez from. It’s all history now and we will be moving forward with full, clear and traceable ore resources and value for shareholders
@Rebecca98869736@alainknokke@asxstocklife@TonySage7237 Exactly
Our focus is not just REEs but a full suite of Critical Metals and Elements in demand going forward. This includes Hf as an example and heavy REEs in demand for new technologies never even imagine 15/20 years ago
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 Once 2026 drill season, analysis plus test work completed we will issue a full and new resource evaluation and PEA by an indefinite resource economist.
That’s the rules and how you have to do it on the two stock exchanges involved
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 CRML took control of the data and ore body in ownership of Tanbreez from April-May 2026 and had no legal rights to comment on the PEA as it was the PEA of the privately owned company of Barnes
Once we got full control & ownership we proceeded to reanalyse thousands of samples
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 I can’t comment on that till Nirias is finished and reports are in. Only the independent resource economist can comment and report on the gaps in Castles PEA and analyses as he was Barnes independent economist for the work of a private company then.
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 Also I never said he was all wrong
But the ratio of REEs and Critical elements in Eudialyte does have a small tight range, it’s not a fixed ratio my friend in the concentrate even
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 Now we have EVs killing off the demand for diesel cars and autocatalytic exhausts and EV demanding Lithium and Data centres and AI needing critical elements instead
If you invested in Pt vs Gold back then it was the logical thing. Now Gold has out performed it by demand
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 Yes Barnes started this 25 years ago as a zirconia project and some gallium. REEs had very little usage and value in large volumes back then.
Look at platinum, it was going to be triple the price of gold back in 2000 going forward
It was driven by autocat industry only
@Rebecca98869736@asxstocklife@alainknokke@TonySage7237 It is a directors and board decision on that
As Chief Technical Officer, my job is the ore body to final product through the group.
Mine is about facts, recoveries and products. Not potential revenue or sales etc. That the is the independent resource economists role.
@alainknokke Secondly 17% is an average of the ore body using all the core for a resource model method done years ago. Nobody will mine the lower grade stuff. It does not make any sense to just bulk pit mine like a homogenous ore body. Just leave the old PEA for what it was, Barnes’s view !
@alainknokke Who says 29 layers lol
I have access to full and all the core. About six people in the world know the full layers and mineralisation pattern of the ore body and until we finished the 2026 confirmation drilling with bulk pilot plant work nothing will be confirmed or denied 😜
@asxstocklife@alainknokke@Rebecca98869736@TonySage7237 It’s more about stock exchange rules and traceability of work done as a public listed company. Secondly I can not tell anyone here what’s not been officially told to all shareholders in a controlled manner or it will be insider trading too
@alainknokke@asxstocklife@Rebecca98869736@TonySage7237 Like said before Barnes and Castles PEA we had no input into and a new one will come after pilot plant work we have done and certified is complete with study info