Fixed;  Since my deficiencies in comprehending the differences between flake and ingot production (which I readily admit) are so apparent to you, why don't you take a few moments to educate me and the board on them.  I'm always happy to learn.  Don't, however, try to convince me of the predictability and acceptibility of not making any commercial shipments of the flake product in over a year since the first pour was made.
Sintered Nd2Fe14B tends to be vulnerable to corrosion. In particular, corrosion along grain boundaries may cause deterioration of a sintered magnet. This problem is addressed in many commercial products by adding a protective coating. Nickel plating or two-layered copper-nickel plating are the standard methods, although plating with other metals or polymer and lacquer protective coatings is also in use.[5]
There are two principal neodymium magnet manufacturing routes:
The classical powder metallurgy or sintered magnet process
Sintered Nd-magnets are prepared by the raw materials being melted in a furnace, cast into a mold and cooled to form ingots. The ingots are pulverized and milled to tiny particles. This undergoes a process of liquid-phase sintering whereby the powder is magnetically aligned into dense blocks which are then heat-treated, cut to shape, surface treated and magnetized. Currently,[when?] between 45,000 and 50,000 tons of sintered neodymium magnets are produced each year, mainly in China and Japan. As of 2011, China produces more than 95% of rare earth elements, and produces 76% of the world's total rare earth magnets.[4]
The rapid solidification or bonded magnet process
Bonded Nd-magnets are prepared by melt spinning a thin ribbon of the Nd-Fe-B alloy. The ribbon contains randomly oriented Nd2Fe14B nano-scale grains. This ribbon is then pulverized into particles, mixed with a polymer and either compression or injection molded into bonded magnets.
Bonded magnets offer less flux than sintered magnets but can be net-shape formed into intricately shaped parts and do not suffer significant eddy current losses. There are approximately 5,500 tons of Neo bonded magnets produced each year.
In addition, it is possible to hot-press the melt spun nanocrystalline particles into fully dense isotropic magnets, and then upset-forge/back-extrude these into high-energy anisotropic magnets.
Jim Engdahl said this in the news release of April 30, 2012:  The strong track record of our alloy manufacturing operations, particularly with the new strip cast furnace about to go into production at LCM, positions our Company to build even further on its strong financial and market position.  It sounds like he might not have had a clue at that time either, huh?
So Jim was more a finacial man and it's easier said than
Cliché said of a task that is easier to talk about than to do. Yes, we must find a cure for cancer, but it's easier said than done. Finding a good job is easier said than done.
See also: done, easy, said
easier said than done
something that you say when something seems like a good idea but it would be difficult to do The doctor says I should stop smoking but that's easier said than done.
See also: done, easy, said
easier said than done
less difficult to talk about than to do Gun control may be a good idea, but actually getting the guns out of the peoples' hands is easier said than done.
As to my stock trading deficiencies, thank you for pointing those out also, although I'm not sure I know how they came into the conversation.
Just trying to say you should stick to trading and leave the experts figure out the new
 In the end I believe buy and hold, adding when I can, will be a winning strategy.
 First though, they have to sell some flake alloy!
They will they
  (I certainly hope the old furnace doesn't break down for awhile so the new flakes will be the only thing CUST#1 and CUST#2 can buy).
The customers probably are always going to want both types but it sounds like they can do more with the flake.