So you know, the open question — genuinely not disclosed — is how Independence and future 10X capacity split between Department of War offtake and merchant customers, and how fast the Texas magnet ramp converts to revenue. Defense de-risks with the price floor and offtake, but it's one market alongside EVs, wind, robotics. Magnets are contracted with anchors, yes, but the strategic-versus-commercial balance and ramp pace — still being proven, not reported. Big grain of salt on timing, you know, these projects are hard.