LYC 0.16% $6.29 lynas rare earths limited

If this is for real...., page-17

  1. 1,155 Posts.
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    Check the last quarterly, they're mining it now. Nice HRE grades. Seems they must've found a way to process it without all that infrastructure that was previously planned.
    "a new mining campaign (Campaign 2) commenced during the September quarter with removal of top soil, blasting and removal of overburden. This campaign is a northern extension of the original pit and is being conducted by the same local mining contractor as the recent Campaign 1B. The approximate scope of Campaign 2 is to remove 1.8 million BCM (Bank Cubic Metres) of waste and mine 590kt of CZ (Central Zone) ore and Duncan ore at approximately 15% REO."
    Last edited by EddieB: 20/11/17
 
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