News: LYC Lynas Signs MoU With City Of Kalgoorlie-Boulder, page-25

No. It's a big capital disadvantage to Lyc and I believe the Malaysia gov will forget about this in a year time when you look at Philippines government who banned and restricted nickel producers because they damaged the water table. That's not to mention the Indonesia.

So the first thing I will look at a renewal in due course to see whether Lyc is allowed to operate its LAMP or not.

I did look back at WES's condition and I see the new LAMP in Australia to satisfy the backslash condition in which WES decided to walk away in conjunction with the unsuccessful bid amid WES did believe It could turn things out when LYC was on escalated dispute with the activists.

Should WES return when It see WA is a true chemical processing region with Glencoe's cobalt, BHP's nickel sulphate and a few junior ni-co players on board with the support of Australia government and potential America government.

Lyc is in safe hands and I think Lyc has no problems to seek more fundings if It wants to double up its productions.

Let's wait and see how the US financial institutions are doing because It's the only way to end the Japanese contracts to service America first.