RE:New resource calculationThat's the problem I came across when I crunched the numbers. Rare earths are low volume mines. A million tons a year processed is a lot anywhere. You quickly reach numbers that no longer matter on a resource of this size. Anything beyond 30 years of production does not increase today's in the ground value of the resource. I've seen other projects with 200 years worth of rare earths. The world only needs so much of these types of elements. There is only so much processing capacity available to handle the ore, which is what holds this project back. China has a strangle hold on rare earths because they endure the consequences of processing. Rare earths processing is the most pollution in mining, no one wants a rare earth processor of any volume in their nation. One was just built in Oklahoma that handles a miniscule volume, & that was a really big deal to get done environmentally. A processing plant that could handle the volume of this project probably cannot be built in North America due to environmental permitting, unless WW3 breaks out. Then it gets built out of necessity. So they will ship this ore somewhere else in the world to be processed, where the pollution isn't their problem. Mining anything more than 4,000 tons a day just isn't realistic to me under any circumstance here. So the price of the totality of metals doesn't apply when valuing the project, it will be spread our over 100-200 years if built. This is a buyout target & nothing more to me. Management in junior mining who get projects built have a fire lit beneath them. This management shows no earnest in moving the project forward in a timely manner. They are waiting for a white knight to come along & buy them out. They will share dilute as much as it takes along the way to get staff paid, drilling, assays, & studies. Of all rare earths projects globally available to develop, this one has a realistic chance due to its metrics. But I would not expect anything to happen fast unless war severes the supply of rare earths from China.