Ann: Sixth Shipment of HMC Completed at Coburn Project, page-13

A little bit aggressive and inaccurate...
"highest concentration of rare earths"... but it's not a rare earth mine?
"Wow what are you doing for the next 37 years?"... you're assuming Coburn's extension north into the north area carved from the EPA approval for the 2010 DFS is approved this time around, when EPA approval is never without risk in WA.
"Wow 100% from the get go?"... not quite, but wetplant HMC production should have hit nameplate by end of last year as per DFS production targets clearly identified.
In Nov'22 they stated " The Company confirms that all material assumptions and technical parameters underpinning Resource Estimates, Production Targets and Project Feasibility Studies, continue to apply and have not materially changed." So, take another look at the DFS production chart that assume >20Kt HMC per month over the first 12 months, reflecting a LOM run rate that averages 19.3Ktpm, and tell us why half way through the first 12 months production they still can;t rise above 50% of nameplate production over a month?

Thnaks for confirming HMC quality is in line with design parameters, good to see womthing going right...

GLTAH