Dubbo, page-20

The more opinions and the more diverse, the more one has to think... and that is good.

Just tiny comments on a few things raised:

Criticisms of management going back to 2011 are a bit harsh, when they(we) were in the midst of traversing rainbow tape. Don't forget we waited multi years with paperwork on bureaucrats desks needing just that magic stamp.
In some way though, that delay may have been a saving grace, trying to build into the REE bubble may have proven a disaster (LYC?)

Comments by Aus on REE pricing of individual really hit the nail on the head. With China factors etc this is one of the most opaque sets of markets out there. Ditto on the Hf suply into a limited market WRT supply/demand. This is where I sit back and look at Zr and FeNi and see the backbone of the project being into 'real markets'. There is NO standard bearer to compare and contrast ALK against, Lynas' travails the only slight parallel and that was more adrenaline than I want to see here.

And one advantage I now potentially see in the split 50% then 50% build, is that if things really (finally!!) look good, it means adding another 50% during a boom would be more bite sized. Hard to picture now I know !!

Finally even if DZP sits idle, and TGP just runs along, there is no foreseeable big downside. So long as Au is positive, we have assets, no liability and cashflow. PoG, hard to see that falling with Trump antics?? Rather wait and get the right finance and not shysters. I'd like a higher SP, but so long as it's $5 by 2025, I'm fine with whatever the chart looks like in the meantime.