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Gabo Mining Ltd V.MDL

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Comment by daw2on Oct 20, 2023 6:10am
43 Views
Post# 35692474

RE:From this email to todays News?

RE:From this email to todays News? Gnote, your MDL rose-tinted glasses get more tinted by the day.

What does "we successfully applied for a UK Government grant" even mean??

Does it mean they have "successfully" filled out an application form?

or

Does it mean they have "successfully" put such application in the mail?

or

Does it mean they have "successfully" received an acknowledgment of receipt of such application from the un-named UK agency? I would be very interested to know what agency they are applying to and in what specific area of business/science/research/innovation they think they have a chance of tapping the UK tax-payer for?

It certainly doesn't mean anything like what he/she is trying to imply, i.e. that they have , except for some minor bureaucratic box-ticking, won a £1mil. grant from a mysterious UK govt. "charity".

I am also not surprised that, given their long track record of failing to deliver on any of their previous promises to investors, they are finding any attempt to pry any money from investors "extremely onerous" and "extremely challenging" I suggest they might also throw "extremely impossible" into the mix!
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