East Versus West.

As a long term investor I am not at all focusing on the day to day SP especially after the release of an excellent and economically viable Feasibility Study.

This project has many eyes on it it and has the power to influence the entire Rare Earths space in terms of control , political influence and the entire supply chain. I believe the Feasibility Statement reaffirms that the company is not in a need to sell or be acquired scenario. Stage 1 is profitable and we can either further develop it or use the funds to land hold. If they want the project well then they are going to have to pay good money for it regardless of the current share price.

Imagine the strong hold that China would have if they acquired the asset or Western governments no longer needing to rely on Chinas dominance of the rare earths supply. That ladies and gents is the significance of this project. We all know how critical minerals are needed for valuable items, from windmills all the way through to military equipment.

Does anyone else believe that there will be a bidding war for the asset and we as a company will probably never even see stage 1 production take place? Large companies and even governments should be looking at this being a one off opportunity for change.