Happy to help any like-minded co-investors and spend time on a company I'm invested in - but I must reiterate, DYOR, its your money, its your responsibility. What I meant above was, Im not here for the short term,
I will be a strong hold until at least the pilot plant stage, and hopefully long beyond that when they are a free cash flow generating beast paying dividends!Regarding my comments about the old narrative before the new CEO Walsh came on board - take for example the
original presentation released on the technology. It is a word salad of nonsense if you study it carefully. What summed it up for a REE nerd like me was the following slide: Lynas in Malaysia do NOT make a mixed REE carbonate FFS; they make separated REE oxides for several of the REEs and a mixture called SEG (combo of several REE oxides). Its not a trivial error when Lynas are the main player in market outside of China!!!. And this slide makes no sense or explanation as to how they can "skip the first three steps". I'm not surprised no one took any notice of MTM back then.
The way they explained the technology back then was all over the place, at least to someone like me who is a nerd. Take a look at some of their later releases and presentations too; it was the same kind of mess. There was no logic or strategy regarding the tech, just these highfalutin statements / buzzwords on critical minerals.
That said, it’s a relief they’ve now got someone at the helm who clearly knows what they’re doing, both technically and commercially. They’re lucky to have him!
I’m also eagerly waiting for updates on the gallium and germanium testing, or anything new on lithium or e-waste. With so many potential applications, they won’t be running short on news anytime soon...
(20min delay)