From 9.00 minutes Taso gets into some very interesting detail around DOD funding, how initial production runs at Virginia have far exceeded their expectations, demonstrated further optimization they can do to increase production, quality and upward pricing of final product, and finally the outlook for expansion to 10KTPA.
He's always said, and reiterates, the plan was for this by 2030, now makes the comment that the demand and interest from DOD is such that if the quantum and timeliness of DOD funding comes in faster and exceeds what is already anticipated then expansion to 10KTPA will happen an order of magnitude faster during 2025 and by 2026.
Many catalysts to come around this by the end of the year.
Well worth a listen.
Initiated Bell Potter - $3.70 PT, page-23
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