Gabo Mining Ltd (MLLOF)

[atco1982]

From the Dr. Bird interview -

In his interview, he points out the differences in the REE deposit types and their expense to bring to market. And then he says:

TGR: Do you have one of these assets in your land package?

BB: Not at this point, but we're closing in on one. One of the advantages of this type of property is the very inexpensive metallurgy. It is a very important part of our business model to find inexpensive production properties.

Another problem the REE industry is facing right now is the time required to get new properties into production. We are zeroing in on a property that we feel will be able to short-circuit that production schedule and be in production in less than five years. Most of the projects around the world are going to take more than five years to get into production. We feel we've got a project that could be in production much sooner than that.