Ucore Rare Metals Inc. V.UCU

That was not the Question, Bob.

[Dragonsmyth7]

Dear Bob,
The question was is MP ready to do 100 % REE separation now.  Not next month or next year but now?
Dragon

[VeritasBob]

1st question was why Ryan didn't answer demo plant timeline. MP currently is producing separated REOs far beyond Ucore  demo plant capacity, but is behind on reaching nameplate capacity of 40K tpa, which likely has hurt MP's share price. You are right to hold all industry players to account for what they have actually done on schedule. But you seem to give a pass on Ucore, crediting

[Dragonsmyth7]

Dear Bob, I cut Ucore slack on the schedue because of the nature of the work.  You every build something from a idea in your head.  How it looked in your head is sometimes a lot different in real life.  Not lot Teslas in the world, that can do that.   I will give Pat grief over changing the commissioning of the DEMO plant and not telling people what they were doing. 

[PipinoCuevas]

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[VeritasBob]

I think MP can survive all of '24, even if export of concentrate to China is cut off. MP has a lot of cash. It would be in trouble if it never gets separation operating cost effectively. Separation is a "spread" game vs. cost to separate, as with gasoline production: profitability depends on spread between crude oil and wholesale gasoline vs. cost of refining. Same with Ucore's

[PipinoCuevas]

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