still breathing?, page-8

Also Matt one more thing. Before you say $2 is impossible let me highlight how irrational the market has become in valuing assets.

Lynas has: 1) Operating Concentrator Plant in Western Australia. 2) World Class Plant LAMP in Kuantan 3) Proven JORC the world riches rare earth Deposit CLD and Duncan deposit 4) 200 Professionally Trained workers by Rhodia to specifically run the REE plant

Infrastructure all set up with transportation,

5)

Proven structure of nearby chemical suppliers, electricity and fresh running water 6) 5 Top REE Scientist from China with the knowledge to further add value.

The market is valuing Lynas at 1.16 Billion and falling and if there is a panic maybe even 800 mill?

Lets look at Sirius Resources SIR. All Sirius has:

1) Massive JORC Compliant Deposit THAT’S IT 2) No feasibility study done. No processes designed for it to extract the metal.

Staff less then 20

3)

4) In the middle of Nowhere and no infrastructure set up 5) No running plant no nothing.

All it is just a deposit in the ground and the Market is valuing this company at 1 Billion.

Lynas right now is doing all the right things and keep ticking all the boxes. REE Spec samples produced within 4 months, company on track to meet 11 000 tonne capacity. The company has suffered no stuff up or any problem whatso ever as LAMP increasing ramps up to meet production schedule. I am 100% certain the market is treating Lynas like a poor crappy version of Molycorp and therefore soon its going to offer a top class company at junk prices hence providing an arbitrage opportunity. (But only if you have balls OR you are young and can still work)

You tell me where is rationality?? That’s why sick people like me and aushed last time was discussing trying to buy more if it ever collapse to 30c. So 401 valuation of $2 is not out of reach. It’s just that the share price has screwed your head so much and destroyed any hope and will that you have you think its not possible.