Ann: Red Cloud Conference Presentation, page-31

I think we need divine intervention. But that's just me.
It's a great long term view, like 10 years away.
Apart from China, Lynas , Rhodia and soon Iluka.(Reetec burnt our britches there)
There is no place to send your concentrates for separation in the States.

Tech takes time. Looks great in the lab, but when you're scaling up this is where you start to see the problems.
The variables increase. Just ask Lynas ..took them almost 4 years to commission the factory.

On the positive side all the tech work on the deposit has been done. Assay have been done.
Really dont have to do any more drilling.

Where just stuck in stigma land and the market doesn't trust vml.
VML it seems has pissed off a lot of people.

The problem seems to be with a lot of REO stocks is npv.

Bit of gos..VML had been floating an nda to sell vml Canada before they put it in chapter 11.
The factory and the smaller deposit. As the rumour goes, they were offered $1.00 including liabilities.

It still a good deposit.