1 deck published between 2025-11-12 and 2025-11-12 — 93 pages, 93 analysed slides total.
Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.
Spruce Point shorts IperionX: its 'revolutionary' HAMR titanium process is unlikely to displace 70-year Kroll, customers are absent, and the $1.2bn market cap implies 70-95% downside risk.