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  "documentTitle": "IperionX Ltd. (IPX)",
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      "text": "So the interaction that I had suggested that the (additive powder) market wouldn't be big enough for it to economically make sense to them. I mean, this may have changed, but my thinking is that the competition, should this competitor choose to go forward, and my latest information is that they do plan on doing this, but these kind of plans can change of course, especially with the growth numbers that we've seen in additive falling significantly behind expectations. But if this competitor did enter the market, I'm pretty sure it would be very hard to compete with them.",
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      "text": "Again, there's also large companies looking into this from what I can tell the competency, and maybe now moving a little bit towards the company, the competency to scale such a process at IperionX is something I would, at least in my previous roles as a potential partner or customer for this, I would've been somewhat skeptical of with the information that I had. So that is to be proven. And again, this story has been around for quite a while, that hasn't really materialized.",
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      "text": "This process that they have proposed. Again, it sounds very good, maybe too good to be true and it has to be proven. My interaction with the team has, or from my interaction with the team, I also, let's just say I didn't gain any additional confidence from my experience, it's been quite hard, even as a potential customer with significant volumes in this space and significant technical competence. It has by my experience, been very hard to get a reach, get a response, or have an in-depth discussion that may have changed. The management may be different now, but that's my experience from a few years ago at least.",
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      "text": "Source: Spruce Point research interview. See disclaimers related to experts. Red emphasis of quotes from Spruce Point.",
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