If you cannot understand anything else in the report, just read...

If you cannot understand anything else in the report, just read the summary page at the end, because that's really the only actual information contained in it:

Geological Location and Setting
North-East of Mt. Weld in Western Australia

Gravity
Gravitational Low - Lower Density

Magnetics
'Bulls-Eye' Magnetic High

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Basically with all the pretty pictures and words about REE and LYC they are trying to imply that the SP could go to $2 without actually saying so... because they know the reality is more subtle than that.

It looks like they are sitting on good REE, but it will be harder to extract due to the lower density.

I wish they hadn't drawn all the parrallells with LYC, because it is just going to get people over-excited and thinking they could be millionaires any day now if they get in. Then once they over-commit and the full report comes out with actual numbers and the big investors justifiably staying more cautious that'll gridlock the SP much longer and make the smaller investors distrustful.

This play has potential, and it will all happen in due course... and there is really no need to hype it up like this in the short term. This play will take time and patience.