feeling a new floor..., page-11

Wolves,

I would draw your attention to the photo in the following link...

Its the end of one of the lines of a final circuit at the LAMP in Malaysia.

http://www.lynascorp.com/Announcements/Q1-2013-FirstProduct.jpg

I would say at least 2-3 ton or more would fit in each of those bags.

Looks like the bag is being filled !

About to load another one !

Guy in background has the new bag ready !

So that's at least 6 tons (Hooray)

I guess they just went and shut the LAMP down after the photo was taken though. to fit your theory, of course.

Although the kiln has been spinning the whole time, since it began many months ago.

Producing away, filling those bags.

How many tons of concentrate went in the first shipment to malyasia ?

How many have arrived since ?

You may know the answer to the first question but...

They are not going to announce every time a shipment of ore reaches the LAMP. That's just silly.

Are you able to see the picture ??? or are you too pessimistic to notice these things ????

BTW someone posted the actual picture the other day.
I am yet to work out how to do that so the link will have to suffice for now.
Someone more knowledgeable and perhaps less pessimistic may be able to post the picture for me...

Thanks in advance.

And just say they have produced 1000 tons of ree's ?

If I wanted a customer to accept my sample and I worked in the LAMP I would use the Lab in the following picture to make sure that the sample already met customer specs before it was even given to them. Obviously the customer would have already given the specs to Lynas if it was a specialist compound required .
Otherwise the LAMP would just be producing the standard suite and purity is what is being tested.

China, one of the competitors, is not renowned for purity or consistency.

The LAMP is state of the art. So I wouldn't imagine purity will be a problem. And having the ore supply we do consistency should not present a problem either.

again see pic in link.

http://www.lynascorp.com/Announcements/Q1-2013-Testing-Laboratory.jpg

Don't imagine any customers will be knocking back the product. Do You ?

So it must be sales your pessimistic about.

Perhaps this data will be released around the end of the financial year?

Or at least confirmation of agreed contracts for delivery and pricing.

They just haven't made an announcement.

Retail investors are getting nervous again.

Stops are being triggered. Short Termers who morphed into Long Termers and leveraged investors are obviously stressed.

Have some patience or move on some would say.

All good things come to those who wait, or so they say.

You can wait a few more months. For good news.

If you expect bad news you should be out now, shouldn't you ???

But that is just one mans opinion.