Assuming that the USG is big businessDear Pip and Bob,
You guys are assuming that government will act the same way that big business does. Have you every heard the saying that the DOD would spend a dollar to save a dime. Yes, it does not make sense to most folks outside DOD. In thirty plus years I seen DOD do some very dump things for smart reasons.
Lets look at what we know, okay.
China got cut off high tech chips and the equipment to make them and the personnal to run the equipment.
So they shut off two REEs to waited to see the reaction.
US and world found other scourses.
Now China is looking at what they can shut off to bring US back to trade talks.
All money from DOD to Ucore is in the form of OTC award.
If I remember correctly those can go up to 100 million, depending on how much is in the pot from the line item in the budget.
What has Pat said DOD wanted from RSX? The separation of heavy rares. How many times did he say that the Demo plant was the only separation plant on North America that was separating heavy reare earths..
They have 14 different concertrates to run through the Demo plant to fine tune the setting for the plant in LA.
I do not know what the trigger point is that Ucore has to trip to start drawing funds from that 4 million. But they are getting closer every day.
China is going to slow and then cut off REEs and when they do DOD with a stoke of a pen will fund LA.
2024 is going to be very interesting year.
Dragon