Hope your calculations prove to be close to the mark waiken. On another subject that could ignite the rare earth interest in the US is soon to play out in the coming weeks. MP Materials / Fortress Value Acquisition Corp NYSE : FVAC special purpose acquisition is being created to establish a combined equity value of approximately $US 1.5 billion with a net cash of $US 500 million to fund growth strategy for the Mountain Pass Mine. When this is signed into reality the mining news media will have a field day promoting the virtues of a US domestic source that can help eliminate reliance on China. ARR a will benefit from all the hype particularly as both parties in Government will want to be part of this news IMO.
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- Ann: JORC Resource - La Paz Rare Earth Project in Arizona
Ann: JORC Resource - La Paz Rare Earth Project in Arizona, page-11
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