Jan - we have the normal disconnect.
NC is very careful what he says in public and AB has quoted him only a week or so ago.
Patts who have a vested interest in LYC and who have hung their hat up for a +$2 target produce have published a view of a presentation.
It may or may not be factual, so I would not be betting without some confirmation from LYC. IMO NC is being deliberately cagey with his words to different audiences.
Please read the fist 'disclaimer' paragraph where it states that the report is a mix of LYC presented data and Patts view of life based on questions they get.
We don't actually know which is which. I have asked Andrew (Pattes) for clarification.
Maybe you could ask NC for clarification. He owes the retail Sh at least that much.
malaysian elections and lynas, page-6
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