"IF S3 funding could have been secured - on acceptable terms -...

"IF S3 funding could have been secured - on acceptable terms - at that point, of course we would have built the full-scale plant. Duh."

Read your own post again, because the exact same waffle could be repeated now, over six years later. Here, I'll help:

IF S3 funding could havebeen be secured - on acceptable terms - at that point, of course we would have built could build the full-scale plant. Duh.

Except they couldn't (for over six years), and they still can't, so they haven't. And here we are......

BTW - ORE managed it with a "plan full of assumptions and estimates", so stop cherry picking examples. And LPI is also a terrible comparison. At one point, AGY had a market cap over $600m higher than LPI. They were taken out by Codelco for $385m, which is over 9 times AGY's current MC. I wonder if that was part of the "strategy".........