Rare earths have become one of the most important commodities to be controlled by one country
Hence the push on now for the past year or more to make a solid supply chain outside China
The one very important difference between Vital and the other players trying to get to production is that Vital will be producing next year
Just going about it a little differently
Going to use minimal $ to set up shop ($3.7m which includes a 10% contingency) and begin mining their world class deposits
Could be one of the first rare earths companies to not dilute the bejeebers out of share holders
And grow into a behemoth in the industry from cash flows
The team has delivered so far and I am very confident they will be delivering on the first off take this quarter also
Interesting times ahead for the world, and this first class team
They have positioned themselves perfectly to take advantage over the coming decade as rare earths become highly sought after due to innovation requiring them
Some well deserved and long overdue attention today from all of Vitals hard work to get to this stage of development
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