fa on lynas, page-20

Cheers Jan, as good a summary as anyone could make ATM, all too touchy feely and in a state of flux.

Greatest near term upside will simply flow from progressive derisking. Big step there was 25 product approvals IMO, but we also need to take onboard Jantimot's opinion that holding onspec thru progressive ramp up presents yet another challenge. No doubt moving some finishing to L2 will also trigger another round of approval process.

Punters here trying to portray Mgt as a bunch of nuff nuffs really makes me ......, probably shouldn't comment further. Having juggled the various moving parts of a far, far smaller & simpler company thru a 5+yr genesis I have considerable empathy & enormous respect for what they are trying to achieve here. Perhaps it also makes me a little more sensitive to some of the positive undercurrents I'm getting hints of, perhaps I'm flippin' delusional, lol.

Seriously, the more I see the more I'm convinced Lynas is light years ahead of ROW perceptions, with the probable exception of Con K. (although he has a much narrower base and quite possibly his own agenda), perhaps as witnessed by the guru's great revelations last nite. Must admit I took some pleasure in letting him know Nick Curtis presented all the precursors to his shock, horror piece 14 months ago (been on the website ever since), and that Gareth was sitting alongside me at the time, lol.

Can you just imagine what reality will do to all those lovely fat FOB "baskets" sitting in very pretty scoping & feasibility studies throughout Lynas's peers, most particularly those chasing the HRE fad? One of the most pertinent things I've heard from NC, QR call from memory, was one of Mt Weld's great attributes was "balance to market". Took a while to sink in, floating on a river of rising prices, but becomes more & more relevant in the real world. CLD is about as good as it gets but Duncan, with Ce discard, looks like El Dorado viewed thru the prism page 10:
http://www.lynascorp.com/Presentations/2013/Lynas%20Metal%20Pages%20Presentation%20120913%201255014.pdf

ooops, time for my medicine.