VML General Comments - Chat, page-7994

Let me clarify....

When I say if the government are going to have to stump up all of the money, I mean they probably want to issue subsidies and grants to companies they've got some level of confidence are going to be around in 12 months time and have other some level of income streams to develop the project

I'm not opposed to government money or intervention. In fact I think we both agree the government money is going to be required to fast track this industry or be at the mercy of other foreign government. Many of who have an undertone of mischief.

The fact that we're still in the trading halt with no prospect of it ending suggests to me that the company has some serious financial situations to overcome.

Governments are not going to support every business just because they're in the rare earths game. There still needs to be confidence in a business model that sits behind it.

Recent history seems to suggest ( to me) there is some work to do here