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Tuesday, October 30, 2012 8:16:12 AM
The only way I can see this being of benefit to SRSR shareholders and Canada is that the processing of the ore is done on site into Niobium and other REE products and sold at street value back to the SOE's steel plant and other manufacturers.
This has to be part of the final deal worked out by Scot and the SOE. Otherwise, the SRSR shares won't be worth the paper they are print on.
Surely SK has an end game here that will profit ALL srsr shareholders...including himself. I actually find your explanation of Canadian oversight to be a positive for a "fair" deal to get done between SRSR and the SOE.
Surely they would not ship unprocessed rocks to China? The vast majority of the processing would be done in Canada I would think?
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