All we need is a sign off on our LAMP license. Kalgoorie is in the back, but mid year. The margins from oxide sales less triple trasport fee will help offset lower RE prices. RE prices will never see the 2011 bottom levels again.
The thumbs up from Malaysia will be the start of our long-term catalyst higher. Malaysia has given us the road map to stay open and producing. This will be evident during our hearing in 10 days.
We will be minting $$$ by September, and IMO, our share spice will be north of A$11.00
LYC Price at posting:
$6.78 Sentiment: Hold Disclosure: Held
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