db- "production in malaysia going to plan", page-9

Great Article, pity the Company did see it fit to information the SHAREHOLDERS of this.

I consider this information as price sensitive...

"LYC has proved the plant works Within c.3 months, LYC has now produced all 5 finished samples; La/Ce Carbonate and HRE-SEG Carbonate were produced in late February, followed by Ce Carbonate, La Carbonate and Nd/Pr Oxide in recent days. This demonstrates that the cracking, leaching and all steps of solvent extraction arein order. The plant will now continue to ramp up to the 11ktpa run rate, where at steady state the residence time should be c.40 days"

ASX announcement.... 27 Feb 2013

Indicated that first rare earths had been produced. These were La/Ce Carbonate and HRE-SEG Carbonate were produced in late February. That corresponded with the ASX announcement.

I now read in the past few days the following 3 were produced, YET NO ANNOUNCEMENT TO MARKET!!!
"followed by Ce Carbonate, La Carbonate and Nd/Pr Oxide in recent days." AS PER the DB Post #: 9184213... Now being 2/rds of the way through the month of March".

Whilst I understand all are of Sample sized Status, the point is, This information should have been released to the Market via the ASX rules of continuous disclosure.

This kind of non-disclosure to the ASX gut wrenching. As per the 27 Feb 2013 annoucement, that was Price Sensitive, so why was this information NOT DISCLOSED?

If this had of been released when the news of the Court hearing was or a few days before, our shareprice might be looking a little more positive, and possibly putting a halt on the shorting of this stock by other unknowns.

Bloody furious and extremely disgruntled to read this in a post.

Mrs Om.