LYC 0.39% $6.38 lynas rare earths limited

joint venture with siemens, page-71

  1. 191 Posts.
    blackjack,

    I agree with you on everything you said about Siemens and the Germans. I'm german myself and I know quite a few people from Siemens too.

    I am simply saying that right now it is far too early to celebrate offtake agreements or JVs about using REOs because there are quite a few hurdles to take before LYC is anywhere near going into production. That is the only thing that counts atm.

    Without a pre-opreating license there will not be a single gram of REO being produced in Malaysia. Construction flaws confirmed by several contractors will have to be dealt with as well as the 11 recommendations in order to achieve a pre-opreating license that has become a political issue in Malaysia as you might have noticed.

    So we have a different opinion about the timeframe of a companies production? Is that really a drama?
    You are long, I'm short, exchanging arguments, some good, some bad. You think production starts somewhere between 2011-2012, I think it will occur 2013-2014 (if at all).

    It is you right to believe as you like. I would never attack you for your opinion on a personal basis. Unfortunately this is exactly what happens to me, just because I'm posting arguments and thoughts that don't fit into the cheerleading atmosphere you and many others would like to enjoy here.

    Go to a rugby game if you wish, relax and look at the pompom-girls, but this is a stock forum.

    I have read your arguments and very well know why Lynas as an explorer is valued at over 3 billion dollars and if you really think, you can afford to ignore the critical aspects of this investment, just push that iggi button on myself and a couple of others.

    regards
    Julia
 
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