In the end, it is all about making profits, and we have seen that Lynas can actually be very profitable when the prices are high and the same goes if it is the other way around.
Lynas of course would have to raised further capital, not just for expansion but for its existence. If the prices had been high, then none of this capital raising is needed. Fortunately, the prices are now climbing and let’s hope that this will keep on going
Labour costs in WA will be high and let’s hope that Lynas can get it done without blowing up the budget. This is now completely different if Lynas will require fly in fly out workers with 2 weeks on and 2 weeks off with at least 100K wages per employee. Flights are 300-400 each way.
As we all know, Lynas is definitely a very important company to the world but as far as returning a profit to the shareholders, it may be some time away. Still I have hope.
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