A joint venture with an equity buy in at an attractive price to current market price. Perhaps 0.005 or 0.006 . This is the primary reason why Zane Lewis came on board, to get a deal done.
His stock buy in at 0.004 and the equity options for Lisa Riley at circa strike 0.005 will provide decent motivation to push the price up a tad at least temporarily.
Macro background is looking positive, Neodymium is increasing in price,MP materials and Lynas have come of record lows over the last month. Government policy on Rare Earths in the U.S, AUS and Canada is looking positive.
lastly Chinese equity boom and Fed kicking off the new easing cycle are an obvious positive backdrop.
I wouldn't put too much stock in Shenge losing money in VML. It's not about money but market control for the Chinese.
im targeting a pop higher to at least 0.006 by end of year, wouldn't be very confident for much higher than that though, barring a massive ramp up in Neodymium price.
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