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Thanks for your thoughts PSK. Hopefully 2012 will be a better year for the sector.

The Niobium is looking very promising. The economics of the separation are going to be critical, no doubt, as you have previously pointed out. I was chatting to some one that mentioned that an current underground mine operates profitably on approximately 0.5% Niobium due to the ease of separation and conversely there are deposits that have higher grades than 1% that are not economic due to the difficulty of speparation.

Im looking forward to news on the separation of these commodities, if positive it should give us a good boost as economics are confirmed.

Cheers

Retrac