Not entirely a blind ramp ab, its based on the recent binding offtake and signed mou re funding and construction and Shenghe's clear intent to replace MP Materials concentrate supply which runs out once their refinery is running (which is apparently already in trial operation) so im picking Shenghe will fast track funding and development ahead of Peaks timeline just as they have indicated.
So yes a very positive outlook as opposed to your own.
Ann: Executed Offtake Agreement and Strategic MOU with Shenghe, page-105
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Change
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