Tangrams
Thanks for your reply and I agree with you but:
What is to stop GBE from failing to release the Machinga results. Is there a commitment within the JV agreement for them to do so. I realise they will probably forfeit their potential ownership of Machinga by doing so as they will surely fail to meet the spending requirements of the JV.
I'm coming from the POV that with Chinese control, they will no longer want to develop a RE business.
I believe that for this project to develop then RSL will have to do it as GBE will fail to meet JV requirements. The Chinese have taken control of GBE for the Kanyika project and not Machinga.
Fortunately for RSL, as you point out, we have Andrew Bell and he may find another partner for us, but there are a lot of potential RE projects emerging in all corners of the world and I suspect 5 or 6 the size of Lynas and Arafura will be enough.
TangramsThanks for your reply and I agree with you but:What is...
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