Ann: London Mines and Money Presentation Updated, page-23

My thoughts exactly.

If the end game was a take over/acquisition then why invest $150M into Neo in a separate investment vehicle? It doesn't make sense.

There's still 14 months + until the options/loan is due, HAS will cover alot of ground/progress in the next 6 - 9 months independent of Neo.

Neo investment is a massive strategic play into EU rare earths independence and decoupling from China. It will put HAS at the front of the line from an ESG and politics/sovereign security perspective when China restricts REs.

One of the largest RE projects, in a tier 1 jurisdiction with a history of EU investment/business dealings. And to top it all off supported by the Australian Government (Critical Minerals/Major Projects Listing) on both parts of the projects.