LYC 0.57% $6.12 lynas rare earths limited

putting things in perspective, page-6

  1. 1,176 Posts.
    I'm not sure the market will care now, but I agree Mike. We literally are looking at the best grades (that should end up higher than Steen will be at the 43-101 stage); the largest tonnage of a developed mine (bigger than Moly); some of the lowest Thorium in the world; and a great balance of the elements IMO. No doubt if LAMP processing is good the production capacity could rise on it's own. And this drilling shows Lynas is executing it's "no bottlenecks" plan very well.
    The announcement also restates:
    First feed of concentrate at the LAMP is scheduled to be achieved in the fourth quarter of 2011.
    And it explains:
    Lynas has received all required approvals to construct the LAMP, and is in the process of applying for all pre-operation and operation approvals.

    That does not fully answer last weeks waste issue for me. But it does show the focus on the issue. I hope we get some email response to clarify this. In the meantime, I am content with current company progress and waiting patiently on these key issues.

    Note: the log factor in this scale shows how much Thorium other developed mines have.
 
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