The rumor was circulating towards the later part of the HEC exclusivity period. Also, there were discussions here on HC in relation to this.
If we work on obtaining the truth from eliminating knowns then we are at the point where contracts with existing high level end users are too difficult in SK, as per Rowena's round about statements hence why we are negotiating with emerging magnet manufacturers only. Then there is the declining demand from NS World, and then there is the difficulties we have in finding a suitable tier 1 REE oxide or ore supplier, then we have our recent interest in the Mt Squires project.
Maybe we can crack a third-party ore offtake and then land some of those big existing end users offtakes with a major in Europe of the US.
Management has their work cut out for them that is for sure. The lies and word manipulation will catch up with them if they cannot deliver very soon. That recent CR may just buy them a little more time.
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