1 point that counters the above for me is the appointment of Holthouse. Why bring him in if the intention is not to mine?
From website:
Mr Holthouse is an experienced Resource Industry executive, appointed to the new role of Chief Executive Officer at Meteoric in April 2023, to progress the Caldeira REE Project through exploration and studies to production. Prior to joining Meteoric, Mr Holthouse was Chief Operating Officer and General Manager of Engineering at Hastings Technology Metals (ASX: HAS) where he successfully guided the Yangibana Rare Earths Project in the Gascoyne region of Western Australia from feasibility to construction.
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