VML 33.3% 0.2¢ vital metals limited

Ann: Vital Completes First Blast at Nechalacho, page-28

  1. 7,210 Posts.
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    What I find puzzling ( from same page 22 ) is :-

    SRC Rare Earth Processing Facility

    " $31m in funding for the construction of a Rare Earth Processing Facility in Saskatoon "
    " The Facility will include the construction of a Rare Earth Separation Plant "

    Are they going to be able to construct a Processing Plant for US $31m ?
    When all the hype is, that any Rare Earth Company to be able to go the full deal from mining to production of individual Rare Earths would be up for a billion dollars plus.

    Who is pulling who's leg in this story ?


 
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