Also Cerneka, beyond the things the company can control - such as start of drilling - there are huge headwinds that are not possible to control. For example, one wild card which everyone is aware of, is the geopolitical situation (China vs US) and another is the rate of uptake of rare earths by electric vehicles and new technology. On occasions BPL (before it became ARR) mentioned its associates in Europe. There wasn't much detail in those announcements, which meant we were speculating on the BPL (now ARR) site that the company could be referring to JVs or off-takes with big vehicle manufacturers in Europe. It could be just wild speculation by shareholders, or it could be something more. Time will tell.
Critical Minerals Executive Order explained., page-86
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