VMM - General Discussion, page-488

not yet - we need to produce a carbonate product to verify the flow process. That will happen in about 6 months. However. The disparity with MEI is 4 to 5 multiples in the meantime that the MRE and further METs along with greater HREO in the northern concessions will be of significant benefit. If we can just get the MRE, scoping study with further METs updated to be equivalent to MEI, VMM will be taken over or at least offered because it would be significantly cheaper. The progress of MEI will be extremely encouraging for VMM as it basically rs as a forecaster for VMMz if VMM produces better metrics, any delay in MEI progress in terms of licensing will resulting money shifting to the VMM stable.