Always good to see all opinions. Keep in mind we will be producing EMM/EMD and probably LMD. We actually do have a pretty good idea what the EMM prices are going to be. For the last 4 years it has been over $1.50/lb. Given demand is probably going to go up over time and supply in China is most likely going down I don't see price going below that. My personal guess is we will see over $5/lb by the time we get into production.
On the pilot plant. I am somewhat familar with how the process will work. If you have spent any time in processing mills there are parts that scale and others that can cause bottlenecks. I don't think scaling is going to be a problem. I also think there is a lot of evidence that what they have applied for patents on works. Too many experts have already been out in the public talking about it.
As you mention there are risks. I see the rewards far out weighing the risks and thats what makes succesful investors. Obviously the reason you own a nice amount of shares.
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