I would expect our share price to increase substantially once the rare earth minerals are included in the tenements that we are buying in Brazil.
I must congratulate the management of our company in raising $25m on the Brazil project where the owners do not yet own the rare earths rights.
The good doctor mentioned this in Paydirt in February, so hopefully it will happen before we spend too much money.
If the licence owners do not get the rare earth rights, at least they can go back to their clay mining business, which is what the main exploitable mineral is for the tenements.
We will still have our Juruena gold project to fall back on.
MEI Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
