Comparisons like this should be modded IMO. Pure and simple ramping ! Why ?
Mountain Pass is not relevant nor similar to DTR as of this moment other than nearology. If I am a millionaire and live next door to a billionaire, does that automatically provide me with the option of becoming a billionaire? No….much needs to happen in planning and positive outcomes to achieve the elevation. Mountain Pass had already achieved such elevation - was operational, resource defined and in production. Initial funding was provided in 2020 AFTER the mine became operational again in 2018 following bankruptcy and a takeover from previous Group in 2017. Recently, the US Governement tipped in further to expand EXISTING operations. 7 years of continuation - further highlighting thoughts provided here that DTR will be operational and funded within 12months as complete folly !
Completely the opposite to DTR whom does not have a defined resource, nor a BFS let alone an operational mine.
I note the US trade has become stagnant and there are less of you “US based spruikers” promoting on HC threads….perhaps the job is done on the ASX ? May go some ways to explaining the $250k SELL into close yesterday. Whereas not so long ago - it was large $200k, $300k, $400k orders BUYING during after market auctions. I was sceptical when you all arrived on HC boards pumping, which has proven to be a worthy assessment in my view.
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