isn't it amazing?, page-9

Totally agree goldenchook.

The tide has turned bullish. The current hesitation is understandable in that I felt Malaysia did move the goal posts during the TOL process and some may be watching that now. But I am not worried about that and feel the Lynas TOL progress now is clear. The TOL has come soon enough to avoid many of the major financing risks. But when you consider the near term catalysts from shipment, to first feed, to first production, to first sustainable REE cash flow outside China, to restart of Mt. Weld, and so on... Lynas looks great fundamentally.

Moreover, Lynas has remained on time and on budget with phase two and faces no real technology challenges with phase two. In addition, Duncan has progressed on metallurgy perhaps beyond any HREE deposit outside China. And when you consider the size and quality of Mt. Weld versus other resources the bull case grows larger.

The silliest thing written in REE blogs is "Lynas is LREE's". Why these experts can't see Lynas will be the largest producer of SEG and later CREE's and HREE's for some time is beyond me. And when Duncan is ready Lynas will be the largest HREE producer by far. And it is very resonable to think Duncan with be the first HREE deposit in production. If we look at drilling and metallurgy this seems likely.

Percentages are not nearly as important in real business as production, cash flow, and margins. And on these three business fundamentals the competition has a lot of daylight to cover before they will even see Lynas on their horizon. ANd none have the resource proof to suggest they can match Mt. Weld. Note also Mt. Weld has been drilled, tested and established longer than any competition as well. This often leads to more reliable progress than other companies "fast tracking" in an effort to catch up.

But the LAMP TOL also comes on the heels of Moly funding questions and minimal progress on the ground in South Africa. In 2011, we often discussed the REE horse race. Regrettably, that turned into a turtle race for all (including about a year of delays for LAMP). But with LAMP built and the TOL granted it is clear Lynas remains way ahead and I think we will see REE contracts turning favorable for Lynas because of it.

Analysts are quick to talk about start up issues but are almost ignoring the Siemens JV can move forward now and further contract negotiations and announcements are likely. Patterson mentioned Phase two but there is far more to consider as Lynas has continued to progress.

And now we might see Japan talk about new REE technologies with Lynas' reliable supply. That certainly would make more sense than rehashing the Ocean REE toss IMO. That whole "new technologies" conversation has been chilled for a while due to no new supply. Now it appears ripe with the granting of the TOL. Such articles would be interesting and bullish for the sector at this stage.

So will the doubters throw us nonsense while they try to escape foolish short positions? Probably. But yesterday held as a reversal and I think it is supported by a variety of fundamentals in the sector and Lynas. $4 club? Well, one day at a time and I never doubt Oneforthe. But for now my point is things look good to me.
Good luck all.