Mike Rounds: “So we're talking about a hypothetical that you're asked to respond to in which there was, as I understand it…”

“Of financing whatsoever. And we have received no actual application for that financing. And before that, we don't even start any due diligence. Any. So we're talking about a hypothetical that you're asked to respond to in which there was, as I understand it, a letter of interest was expressed. Because right now it looks like China controls about 80% of the world's tungsten. And there was a possibility we might, for America's needs, we had somebody that was interested in maybe getting some tungsten in this particular case of Kazakhstan.” (48:59–49:10)

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