Nice try ol'China, once again your assuming Chinese REE prices, but what happens if IXR signs a Premium price agreement with a OEM, the pricing dynamics changes considerably, We all know that China is manipulating all prices with Critical Minerals, Its all in the news now, Chinese Manipulation to stop the WEST and Weaponizing Critical Minerals
at 90/kg no one in the West can make a profit, not even your mob.
I remember you gave me a light globe for that post
If you want an alternative, secure,sustainable and traceable source of heavy rare earths you have to pay a premium, that Premium includes that the Company can make a profit to stay afloat to keep supplying secure amounts of REE products at Western Labor Costs, Not at Chinese Cheap Labor Costs.
With your pricing assumption, you'll need to wait for the updated FS later on this year, Data from Demonstration Plant would be more reliable than Laboratory Conditions
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Nice try ol'China, once again your assuming Chinese REE prices,...
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