Aushed excellent post. However, I do keep reminding myself and posting that economics and price were not behind the decision for Japan to help fund the construction of the LAMP and guarantee purchases of REEs from Lynas. It was a political problem or minor conflict that led to a temporarty disruption of supply from China, the ensuing REE price changes and the funded construction of the LAMP.
Japan and China do have a long history of problems. Japan does just not want to be too dependent on China for REEs irregardless of price,quality and or present/future supply.
Lynas probably does have customer contracts with Japan that will cover most of the production for the first two years of LAMP phase 1 and 2 as Lynas has repeatedly stated. I do believe that this is the reality.
And current Lynas SPs are real buying opportunities.
lynas withholding market sensitive news, page-44
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