RE:RE:RE:RE:RE:RE:RE:Financing NEWS!!! Z:
I also agree with CanadaCoin on this one. But it is not Venture’s fault if GMA keeps on mentioning that it wants to refine concentrate from Montviel, as mentioned in the last press release. GMA did not mention « we will focus on recycling for the years to come ».
I am not sure why GMA keeps on mentioning a mine. I am not sure it is helping potential investors to consider GMA differently from its peers.
Is it for political reasons? Because GMA doubts that there will be enough feeds in the medium term? Or maybe because it is part of its business plan. I am not sure of the answer.
This is a really personal opinion, but I would simply stop mentioning Montviel for a good while and put all the energy on the green recycling magnetets business.
I hope that Peter Bell can hold an interview soon and address these questions.
Moulouk
zardoz00 wrote:
I concur with CanadaCoin. GeoMega are doing this one step at a time and Montviel won't be developped for years to come if any. The money is in the recycling by steps of the huge stocks of used HHREE magnets. That will keep them busy for years to come and is much more profitable then trying to exploit a REE mine. Kiril learned that as an analyst at IAS. If they achieve the 20% net profit rate announced they should have no problems reimboursing the Loans. Having Hatch as engeneering partner reasures me. As for the DOD, yes they has been talks but I don't think GMA really needs them to succede. JMOO. GLTA, Z