MP awarded US DOD contract for HREE, page-34

I am sure that all Lynas holders listened to the MP conference call to night to hear what they are doing. First they made a big deal about how much they are up YOY which is true. Q over Q they are down. No where can you figure this out except printing out the two Q reports side by side.

They claim by adding people they have brought Phase two up to schedule and will start testing on of separated Oxide for La, CE, Nd, and Pr in Q4. Again I always treat this with some sarcasm, Just like I treat KAL announcements. What really surprised me was pictures of phase 3 and 4. Last Q this was pictures of a hay field next to some industrial buildings. now all foundations and pads in place and some vertical walls are up. Amazing how a partner like GM can work much faster than the US GOV. they claim They will be shipping alloys and metals in 2023 and heavy oxides and magnets in 2024, I have doubts but will watch carefully.
Couple of interesting facts MP has over 1.2 B USD on hand to pay for expansion.

The CC report and power point presentation are all on their WEB site for you to look at. When was last time AL put what she said in writing for the record. Tailings are dry. 100% of water and reagents are recovered. They are way ahead of Lynas.

I do not know what I will do. I have been thinking a lot about my December Puts. I will probably buy March puts but I doubt I will hold any puts after Q3 announcement. MP being in US and having lots of money to expand I do believe they will outperform, many green sector stocks. Just like Lynas there is much more money to be made on downside than up, RIGHT NOW.
I will buy both but not till time is correct.