VML Related News

Briefly searching through I've noticed a lack of compiled news articles for VML. Feel free to analyze them here.

Here's three recent articles from local media outlets. All three fairly similar.

https://www.cbc.ca/news/canada/north/rare-earth-mine-northwest-territories-1.5993809

https://cabinradio.ca/60317/news/economy/east-of-yellowknife-a-new-mine-tries-to-be-different/

https://www.nnsl.com/yellowknifer/nwt-mine-on-the-verge-of-extracting-canadas-first-rare-earths/

The main take away from these media outlets is that VML's perceived extremely positive. Hiring a high percent of aboriginal workers [80%], and being a leader in environmentally friendly methods and practices. Furthermore the process is described as revolutionary. This certainly helps set the stage for moving into the world class producer category in the near future.

Reading other forums and digging up a post made from a local resident near to the mines, their general sentiment is very positive, https://bit.ly/3sOxu62

Additionally, comments seen in Cabinradio's article regarding phase 2 suggests “It’ll be in the millions of tons, rather than 100,000 tons." If we're producing between 1,000T and 5,000T pa at current levels. Profiting anywhere from $20m to $100m+ pa. How insanely profitable are we going to be in the future? Phase 2 is described as a multi-generational mine.

In conjunction with those news reports, there is also https://renews.biz/68033/pensana-plans-uk-rare-earth-metals-facility/ "Through Pensana’s plans, Saltend could become one of the world’s largest rare earth processing hubs, importing sustainably, globally sourced feedstock and processing it into valuable oxide and metal products for consumption by European OEMs and beyond, the company said. Chairman Paul Atherley said: "Saltend has the potential to become the first major separation facility to be established in over a decade – one of only three major producers outside China – at a critical juncture when Europe depends on China for 98% of its rare earth magnets."

IMO selling shares within the next few years is akin to throwing away a golden ticket.