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MWM

01/25/11 12:54 PM

#423 RE: levelnever #422

I don't want to be acquired either but a little rumor never hurt...

Clearly we are the top dog for anyone who wants a near term Heavy REE producer, so I'm sure we will here plenty of chatter...

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maybe_this_time

01/25/11 1:14 PM

#425 RE: levelnever #422

While I'm an early adopter here, some of you here have certainly done more research than me. I'd even say, some of you appear to eat, sleep and drink GREAT WESTERN MINERALS LTD! A few questions:

1. Anyone know how much additional capacity our two finishing plants in Mighigan and the UK have? Are they at full capicity now processing separated ore imported from China? Or do they have room to grow?

2. When the mine in South Afica comes online in 2013 supplying separated REEs, will it meet or exceed our internal demands. Is part of our business plan to become a supplier of both ore and finished metal? I think the answer to this one is yes and we can expect to become an exporter to China potentially

3. Has anyone seen a projected revenue stream for us for years 2013 - 2015? Probably too early for that until the feasiblility study is done...

4. Is it lock that we'll get debt based financing to open the mine and build the separation facility. Dillution is a concern of mine as I think the OS has increased over the last 6 months. Anyone know how much the OS increased over the last 6 months if in fact is has.

I'll close with an observation. When I saw the video of our mine's location, it seems there's a enough ore in the pile of mine waste from the prior efforts to supply us for some time. Seems like they can build the separation facility first and reponen the mine second.

Thanks.

MTT