Well it all comes down to the plant now. Not sure if the company has any international project experience or technical knowledge to manage it. Also there are language and cultural challenges so it won't be easy. People need to take it easy and have a break. maybe ask yourself why am i cornered like this. ofc it happened very quick 14 to 1.4 in 10 months.
anyway i hope it works out as it would be good news for the whole REE sector. however i think you need to have realistic expectation on this as the clock is ticking. the female CEO mentioned Q2 that's when they need to CR again ASX requires 3 months operating cash. polly there will be a massive exodus and further destruction of shareholder value because people starting to ask questions and the company will be forced to update.
There isnt much the company can do tbh and i dont think they are withholding any informations. 1t out of 10 delivered and they need to buy oxide again, yet no inventory booked on BS. You can pretty much surmise what happened there. All this numbers are from memory maybe not correct but you get the gist.
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