Poncho, thanks for your thoughtful reply. However, you artfully (I write this as a compliment) dodge the question which is, simply: "Using the solvent extraction method, has anyone in China or, for that matter, anywhere else in the world, figured out how to separate the SKK deposit specifically?" The answer is, as of today - but hopefully not for long - "No".

No one on the board wants to admit it. And I understand this.

It is, for most of us, a natural human inclination to be hopeful. I am. You are. I would posit that most of the investors in GWMG are hopeful.

But don't let that stand in the way of fact. And the fact is, to date, GWMG has not announced that GQD or any other entity has developed a flow sheet for the separation of the rare earth cholorides at the SKK mine.

I wish this were not the case. I wish it were as easy as saying that because the deposit was mined a generation ago it can't be that tough; or because the host body is well known and abundant in other areas of the world  it should be easy to develop a separation process for SKK. But I am afraid it is not.

I hope to be proven wrong shortly.