IPT possible 100 bagger?, page-727

HPA market is not a closed shop, far from it, thats why its called a Critical Mineral and both State and Federal govts. are throwing money at these projects.
If the HPA market is growing at 22% per annum, the market demand will double every 4 years and so would prices.Its only going to continue to grow exponentially as more electric cars are produced, more LED are needed, more TV's and more electronic goods which require HPA.
IPT IMO will not have a problem getting an offtake agreement with an end-user in a few years time when its ready for production, prices and demand would have increased by 50-100% at that time.
If IPT is producing 10,000 tonnes pa, at todays prices that is gross revenue of $200usd million or $300aud million but HPA prices will probably be alot more by then and so would revenue, without doubt ITP with those gross revenues figures will have a multi billion markert cap, especially as it will be a low cost producer (IMO around 25% of gross revenue will be the costs) and with a multi decade mine life.
If required years later and if market demand requires it, they could quite easily double or even triple output.