Just guessing but after reading that sentence, I would assume Orbite's royalty is at least at the top end of the range he mentioned and possibly over the top of the range.  With all the benefits of the Orbite technology, I'm sure it still pencils out after paying Orbite a nice royalty because you get alumina PLUS the rare earths and NO waste to put in holding ponds.  Of course, you still have all the new waste that they are creating while Veolia is trying to reduce the size of the pond.  More potential profits!  

So why do we get constant selling???  I can't figure it out.  Even with the most positive PR, the stock jumps for a day or two and then resumes the dreary slide.  Can't wait for the positive cashflow point and the eventual profits.