True capitalism does not exist in certain places. Anyone who has their head buried in the sand would not know that and cannot admit it because they support government control in an area where business either does what is told or you no longer are a part of that business or in business . No one is that naive. Coercion is very difficult to fight when there is no recourse.
Could be the reason why so many executives exited is one theory and I don’t like theories. I don’t see any improvement yet with TC, so fundamentals haven’t changed.
It’s also clear that if the material is successful abroad it will be successful here. It just cannot be bottled up in one footprint forever. That is not an if or when theory. It is who is going to be first to bring it on. Will it be a private company with access to capital, another already existing public company or LQMT. This is the big gamble right now.
It is a no brainer, LQMT never had the funds to do it alone and many of the pioneers of LQMT left to join others. Also LQMT perhaps did not have the the right executives for the job to accomplish success and did the best they could. It’s no longer about the cash. All know they don’t have the cash to do it alone. But, they do have the right executive in LL.
Time will tell what he is allowed to do vs what he can do. China is an example of what he might be able to do with the new material. If permitted to do the same here is the next $64 million dollar question.
There are no doubts in my mind who is pulling LL’s strings. With the weapons that exist globally, there are no upper hands, which is a totally different issue.
Aside from having controlling shares here, I do not see the benefit of excluding LQMT in the sharing of those profits. For if LQMT gains so does China. Of course so too will shareholders. I don’t think China gives a rats arse about a few westerners becoming wealthy or wealthier if the end game is to have the upper hand.
As always my opinions are always worth less than the price of a LQMT share.
Good luck to you.
