Ann: Proposed Capital Raising, page-15

REE market tends to turn with Uranium and given the extent of resource we are likely to have at Skyfall, plus great initial scoping study indications and further processing improvements being investigated, it would be an absolute shame to give away a future potential billion dollar project for pennies now. Market values us as clean shell and plenty of accumulated losses there to be used in the right hands. Sure, upkeep of leases cost bucks, so trim it but keep the advanced plays and bring in a JV partner to share the future risks. Chinese dont have much of these metals and in the right ears I have no doubt they would love a slice. In the next REEs boom we cld be looking at a hundred plus bagger from here with this intact, what are the alternatives without? I am in this for the REEs but I am a contra-cyclist looking for the big bucks. I am surprised a big bro hasnt yet been found to farm=in and carry the cost. AUD trend will only make this more attractive to an alien. Vision boys, vision.
Olympian
Chemical Engineer