KOA, here's some startlingly bad news for the heavy rare earths market. It looks as if bad times for this subsector are only going to get worse. Not only will demand be falling further, it means that the costs of extraction for other rare earths is only going to rise, because there are now previously unexpected costs in disposition of those elements loosing demand (noting that most REEs occur in a complex mix).

http://www.reuters.com/article/honda-rareearths-ahome-idUSL8N1A02PH?feedType=RSS&feedName=financialsSector

[Thanks to Lone Clone at "Mining News of Note" on Silicon Investor.]

As I implied earlier, rare earths are not something of near-term, or even mid-term concern for LBSR, even less now with the news cited above.

VP in AZ