LYC 2.41% $6.87 lynas rare earths limited

Ann: Quarterly Report Teleconference, page-4

  1. 6,291 Posts.
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    Listen to the call. If you won't, at least read the transcript. You simply cannot call my accurate depiction of the way Amanda handled Tim's line of questioning as an attempt to "start up a war"; even calling it a "dig" is somewhat presumptuous. Lol.

    Lynas has promised us a resource update, which will likely come just before or with the AR. In the interim, they have mentioned a desire to keep reserves sufficient for 20 or 25 years, depending on who's talking, IIRC.

    I've said numerous times I am uncomfortable with less than 20 years LOM, a situation which has already gone on for many months.

    Now we know they plan to combine CLD and Duncan, news I already said I welcomed as evidence of strategic long-term thinking. And now I'm looking forward to this update more than any other.

    I posted this only because I feel strongly that Amanda's comments re' Japanese supply security presage a very positive resource update. And possibly more than that.

    Bottom line: You're just a wet blanket.
    Last edited by Chemist1959: 30/07/18
 
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