RE:RE:RE:RE:RE:RE:RE:RE:refinery updateMarshall wrote: Please don't take this as a personal attack Starkicker. You seem capable of a reasonable discussion otherwise I wouldn't bother asking. I am curious as to what you're basing your concerns on.
Hey Marshall, thanks for your question. First off, I think Trent is very capable and straightforward and has a high level of integrity. However, by nature, startups/small caps need capital, and CEOs in this position are more salesman than anything. To mine the Idaho tract, they need $16M to get the operation to the starting gate. For a company valued at $138M, that is a lot, and the money needs to come from somewhere. There is a lot at stake in building this North American critical mineral supply chain, and while FC holds some great cards, companies like Glencore are known to cheat and steal. Trent has to walk a very fine line of painting a rosy picture for investors - water permits, equipment procurement, new hirings etc. all look like good prgress - but there are a lot of big challenges not being communicated that make me wary.