Anyone who scoffs at the Chinese Conspiracy Theory is not well informed. It is no longer a theory. The conspiracy to bury the West, acquire the technology, and take more territory, has been revealed. Indeed, formally announced by the likes of Putin and Xi. An informed person would have known it all along. An informed person would also understand the CCP ultimately oversees everything in China, including the businesses and oligarchs, like in Russia. These are communists, conspiring, for the greater good no doubt. The idea that this is not relevant to LQMT, given everything we know in real terms, is laughable. And as you point out, what alternative fits the facts better? I have concluded that LQMT is sidelined, at least until there is a major improvement in relations and maybe even permanently. In which case the company might well be divested. I am however intrigued by a conundrum I have previously floated: Who is running Crucible, is Apple on it's board, and what happens to it if the company is sold?
If tomorrow LQMT announces a whale contract I will be just as happy as anyone, probably happier than most. Right now, that does not look very likely.