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Re: dredgemaster post# 30071

Sunday, 05/22/2011 12:56:33 AM

Sunday, May 22, 2011 12:56:33 AM

Post# of 101798
DM: your informative posts are much appreciated, they allow anyone truly interested in gambling on the success of this company to build a better investment risk assessment not having prior knowledge of the area. Some of the operational hurtles any company faces (Internationally registered) attempting an operation in this area can dramatically affect success & failure if management is not prepared. From the information available, SNEY looks to have a better than average chance of success if all the pieces come together. As you’ve stated there are many variables if not handled correctly that could derail even the best-laid plan.

My question is on REE & REM production in the region, gold & diamonds have had a well-established market platform in this part of the World for many years but not these other elements. From your experience in the area do you see any potential roadblocks commercially moving large quantities of REE baring material? Is there any level of infrastructure in place to commercially market the raw material for export and final processing? I believe if SNEY can show commercial viability many of the other Operators will jump on the bandwagon, potentially justifying a local processing facility but the reality of this would be a long way out. Long term this could be a game changer for many companies operating in the area but realistically what do you feel the revenue impact will be initially?

Bazza
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