RE:RE:ArticleI think it is important whether there is competition or not. Specifically in the cost of feedstock. Keep in mind that feedstock will be regional - shipping in feedstock from other geographies is a draw down on margins. So, we want feedstock for our "region". If there is one bidder for such feedstock, then the price would seemingly be lower than if there are 2+ bidders for the feedstock.
I would believe the cost of feedstock will depend on variables such as: current price of the underlying metals, number of buyers, volume of feedstock available locally, etc.
If there is enough feedstock locally to support more than 1 buyer in the quantities they desire, then perhaps the cost of the feedstock will remain the same.
I just think we want to capitalize BIG TIME on first mover advantage. Hopefully that gives RGX ability to negotiate better terms with partners and usage licenses.