W may never know what might have happened if the NDA was a little bit shorter.  Not allowing a potential partner to see the info we don't get to see kills the deal right away. On the other hand, if LBSR agreed to a two-year NDA deal, that leads to a signed agreement of some type. Which leads to a news release. Which increases awareness, possibly raises share price a little bit, and maybe even creates urgency on other interested parties. And again, what is the point of a long term NDA when the company might not be around by then?  It just seems that the potential of a signed NDA far outweighs any negatives. Maybe someone can correct me on details here, but I think the US Amry infantry has an informal slogan: Do SOMETHING.