kudos jan johnson, page-10

First, kudos to ausheds for the thread. Great to see research recognized. I mostly read now, but Jan you are a consistently great read mate. Thank you for that.

As for the Phoenix rising from a bankruptcy, we can't ignore the time factor. Bankruptcy takes a good deal of time normally. And this is complex. In fact, Moly's complexity/confussion/disorder is a big reason why I see it as doomed. Moly has a complex list of creditors, international assets around the globe and a green technology political component. There is no quick way to an easy bankruptcy here. And if you break up the company it is not very imposing to me.

Also during a bankruptcy, Lynas gets open field to line up the best supply agreements and perfect their operations while building out the Duncan Deposit. That would be hard to compete against after a bankruptcy. Being the lightest mine after Lynas has established contracts for it's Ce and La is a tough spot to be in.

Bankruptcy clears debt but creates a lot of other business problems. Moly took over Mountain Pass and listed as Moly. And that prior bankruptcy was easier and still took a long time.