Amigo, VML will be the next to become a producer of concentrate, no risk about that. Later, if all goes well, they will move to producing refined individual products (that's my guess). But I also hold shares in an ASX junior explorer, ARR, which has two large Rare Earth deposits in USA. ARR is a bit behind VML, and their market cap is only about $15million. IMO Rare Earths are only just starting a bull run, and it could be a once in a decade event. Good luck all.
VML General Comments - Chat, page-48
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