There is something else going on with Hykawy. He continues to post negative comments about Orbite. Since he doesn't like the project, why keep harping on it??? I think he has another agenda. We'll find out in 6 months who is right. BTW Orbite is planning on selling licenses for licensees to build plants around the world. Available ngas will not be a problem for many sites. The rare earth prices were established by two different rare earth experts. Are they better qualified than Hykawy to put these prices in the studies? YES!
1. Rare earth segment was reviewed by independent third parties to come up with revised rare earth section of the PEA. I trust them more than Hykawy. 2. ngas is available all over the world. This is not just a Quebec project, it can be licensed anywhere and cheap ngas or hydropower is usually associated with aluminum plants so why is he making a big deal about cost of power?
I have read that Hykawy's brokerage was cut out of a financing deal with Orbite and they are getting even. Who knows.
Either the mgmt of the company are liars and mgmt at Rusal and Nalco are idiots OR this guy is a genius. I'm picking the former.
Nibbled at a few more shares today at US$2.07. This is going to be a very nice Xmas present when they commission the HPA plant OR I'm going to be eating crow instead of turkey for dinner!
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