LYC 0.64% $7.90 lynas rare earths limited

lynas talks up proposed wa plant, page-15

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    Fidosnos, I really would have thought the current basket price would have put paid to these "move the LAMP to Oz" posts.

    Apart from the obvious upfront costs, both real and to the SP, it's unlikely six months would be anywhere near long enough to physically move the plant let alone obtaining permits and licenses.

    While not strictly comparing apples with apples, Lynas's projected COP for the LAMP is $10kg v $40kg estimate for Duncan and with a LAMP basket currently at $57kg I'd suggest that's rather significant without even factoring the tax payable in Australia.
 
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