RE:RE:An agreement with a guyLetting partners do the heavy lifting is exactly right. Mr. Shearer is not just any guy, and ACDC is not just any company. They have rights to the Goschen Project, owned by a public non-listed Australian company, VHM. The Goschen Project is an ocean of hundrds of millions of tons of heavy mineral sands rich in Nd and Pr. The bigger picture as I am seeing it is this: Medallion partners with ACDC who builds the plant, and uses MDL's extraction/separation tech. ACDC in turn develops VHM's property. VHM btw is also set to go on the ASX within the year. JP Morgan is doing the financing. It's a $200M deal so, no small potatoes. VHM could be the next big REE player in Australia, and bring the mineral sand monazite industry to scale. As ausheds1 commented on this board, hard rock deposits/mines might soon be antiquated as mineral sand monazite takes over. For it's part, ACDC brings with it alot of big time investors as well. The timing and purpose of the company's creation and their tentative partnership was not some knock-off random 'hey dude wanna mine some rare earths' kind of deal. It really does look to me like ACDC was intentionally created to bring together investors and assets, including MDL, to execute on big projects like Goschen.