US Wants to Disrupt China's Rare Earth Dominance, page-94

Listen to the last statements Amanda Lacaze communicated. In my memories she said to this: interest in our company has intensified following recent geopolitical and macroeconomic issues. And we feel very well for the US DoD and others interest in our company. But regarding our investment ideas of a new plant in US and so on, unfortunately nobody from the U.S. came and opens his wallet. They just are very interest in Aussie Rare Earths but without taking any risks for investments. That is the truth.

In Germany exists a bank called „KfW“ and I think Hastings is in favor of a German State secured loan, it is about 100.000 Euro may be. But never ever 1,1 billion A$! And I can tell you from the perspective of CFO and management board to get approval from the Chairman Board and the shareholders investing hundred thousands of Euros in an investment of rare earths operations (and the figures of IRR etc. are irrelevant) is way off something you may call peanuts. And of course I forget my „friends“ of the unions. They would really appreciate to hit jobs and to invest in OZ.