Replies to post #293 on Gabo Mining Ltd (MLLOF)

[ThSeeker]

I would expect that as they complete each phase towards production there will be some reward to price. Hopefully faster than you think.
In the video presentation they asked when will the Mediallion and LED process but put together and put out for market. Answer hopefully later this year. So I would expect production next year.
Do you have any info that would show it to be further out than that?

from their presentation:

Medallion has built an industrially relevant, near term business model that enables the Company to execute on key partnerships within the US and global rare earth element supply chain

Investment Case

•Expertise and proprietary technology in monazite processing. Monazite is already a key source of magnet metals NdPrglobally

•Fast to market strategy by accessing by-product from mineral sand mining. Opportunities both with US and elsewhere.

•Minimal technical risk –modern, efficient continuous metallurgical process utilizing all material and a “no tailings” plant

•Potential to produce 2,000 tpaREO in US (global market: 150,000 tpa) very soon

•Very low capex –~10-15% of hard-rock mining / processing

•Growth can be implement incrementally –modular design

•Near-term NdPrproduction from substantially de-risked business mode