Best to hear it from Dr. M, page-15

Good comments on this thread from everyone.

From what I’ve understood and my interpretation of how things are looking:
1. Current stockpiles most likely “sold” or put in PDF.
2. The committee would like to see a roadmap on how C&L can be done prior to ore entering MY.
3. Another debt of approx. 400mil
4. Increased operating costs if C&L happening in Aus which may hit the bottom line. Better product mix may offset this though.
5. I doubt C&L capability can be bought off the shelf so there needs to be some agreement between Lynas and potential 3rd party businesses if Lynas doesnt go solo on this.

I’m not overly concerned with this outcome tbh. I’m still hoping Japanese sponsors may/can use their influence in nearby SEA countries to augment C&L process.

wages in Australia are too high, specially remote areas.