If Lynas/BlueLine JV gets the funding, it would be SIGNIFICANT to Lynas for a couple of reasons.
Firstly, the funding will bring forward the timeline for the JV for at least 12 months and fast track the building of the JV operation originally planned from 2021. That means that we could see the JV operation starting from as early as the end of 2020. Looking at the price forecast of HREE, there will be plenty of profits for the JV operation for the years to come.
Secondly, when the JV gets the funding, the U.S. government will never allow the Malaysian government to kick Lynas out of Malaysia because if the Malaysian government did so will threaten the supply of the processed concentrate to the USA. Thus Lynas' licence renewal will be a certainty in Malaysia in the near future.
The question is, will Lynas/BlueLine JV get the funding? I think is very likely given the JV's distinctive expertise and track record of REE operation outside China.
A good time to own LYC IMHO. Watch the volume in the next few weeks. GLTAH!
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