Mar. 21 at 9:30 PM
TLDR: If I found this, lawyers likely already have everything they need. It wouldn't take much to prove beyond a reasonable doubt. 😱😬
$USAR infringement of IP from 3rd parties was added to the risk factors in Aug 2024. 🤔 That led me to do a little digging.
Moyes was hired by Ramaco to oversee rare earth element operations in Wyoming; specifically tasked with managing the geologic and chemical assessment of the Brook Mine. That was the basis of the Preliminary Economic Assessment. 1/22/24
July SEC filings confirm that the final report was actually built on "Fluor's earlier interim preliminary techno-economic analysis," between 2024 and 2025.
Fluor spent about 18 months building the PEA for Ramaco. It's finalized 7/7/25.
Moyes allegedly emails himself on 7/8/25.
(techno-economic models, proprietary chemical flowsheets, and geological drill logs)
Moyes resigns from Ramaco 10/10/25 and is hired as VP of Mining for USAR, 10/29/25.
USAR hires Fluor 1/22/26.
USAR gets LOI 1/26/26.