Ann: Lynas Rare Earths Awarded $14.8M Australian Government Grant, page-42

NOT PRICE SENSITIVE BECAUSE.

For all those that are curious why THIS IS an offset to 500M for KAL and lamp so it is less than 3 % of total cost Read the release. Next all Lynas spending on KAL and lamp is CAP EX. Assuming KAL is depreciated over 30 years this only means 500,000 less depreciation per year for the next 30 years. Divide by 900M shares so it will increase earnings by AUD 0.0005/ share a year. I do not know about all of you but I expect Lynas profits to be high enough in a few years that this is totally insignificant. Hopefully less than 4% Now does any one want to make an argument that it is price sensitive? Would realy like to hear why. Do a little math. To most people 15M sounds like a lot but compared to what Lynas is dealing with it is insignificant.

for those that want to know more about how cap ex wrks in AU
AASB1021_8-97.PDF
What is Tax Depreciaion? Depreciation Schedules from Australian Tax Depreciation Services (austtaxonline.com.a
Depreciation and capital expenses and allowances | Australian Taxation Office (ato.gov.au)