...confirms in my mind that things are not as far along in Saudi Arabia as some had been thinking - no deal in suspense awaiting JB's return. However, this latest news very much increases the odds that a partner or partners WILL BE found, and likely on better terms than would have been available from the Saudi's originally. Competition is good, no?

Hm, and as I think more about this, why limit the Mine Finders program? Maybe LBSR could take on multiple partners over multiple projects...., perhaps even use Arizona as a center for an International Mine Finders School administered by LBSR, University of Arizona, and specially appointed consultants.

Time to beat the public relations drums and wake up the market to the potential here.

VP