They're farming in to a HREE asset with Phoenix Mining. Look up the guys running that. Alex mentions them briefly in the Global Mining Finance talk from last month, it's on the company's YouTube.
Kaku was on Joe Rogan to plug his book on quantum computers. If chatbots are software that can't discern what's right or wrong, quantum computers represent a hardware solution.
Going Concern As a junior exploration company, the Directors are aware that the Company must seek funds from the market in the next 12 months to meet its investment and exploration plans.
It's too early stage and in the current market it's not worth spending any more than minimum licence commitment. VMS/REE are further up the Lassonde Curve and we need to focus on those this year.
The trader cohort will still think this is a gold play. Usually spread thin research wise and will get caught out when the JORC is out. Rare earth has been completely ignored. Funny when Dish mooned on a spurious REE deal that never completed.
More than enough to get to scoping studies for VMS and/or REE. Then plenty of options around farm-outs/JVs. Clear message to the market (makers), they won't be forced to raise at a pittance.
RE: lifestyle company with no intent to produce17 Apr 2023 22:12
I'm sure we're all familiar with the Lassonde Curve. Production may be years away but we know there is upside on an economic discovery before the orphan period. Verkhuba is the cornerstone asset. The REE could also add serious value and quite cheaply.