RE:RE:RE:VHM/ACDC/MDLMy understanding is neither ACDC or MDL have anything to do with VHM who are being viewed as rather greedy with the valuation they have put on their assets with little in the way of a substantial business plan. Remains to be seen if they can get up.
On the other hand the leases being backed into ACDC, alongside MDL tech, come from a very experienced prospector/developer who has the ability to attract some big names to the IPO despitethe fact it will be relatively small in dollar terms.
As you suggest ACDC business plan calls to ship the monazite a relatively short distance into SA where process & waste disposal shouldnot present any issues.
Supposedly ACDC well progressed towards an IPO, keen to see the detail but looks a reasonably complete business plan that can be actioned fairly quickly on a modest budget, make a nice change to the hard rock dinosaurs that have been lurching around the place for a decade doing little other than burning SH cash.