LYC 4.18% $7.72 lynas rare earths limited

moly corp up again, page-22

  1. 8,917 Posts.
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    Lei88,

    Maybe English is getting in the way.

    “Lynas expects to produce at the 11ktpa REO run rate FOR the first calendar quarter of 2014 ”

    “Lynas expects to produce at the 11ktpa REO run rate IN the first calendar quarter of 2014 ”

    The first, which was apparently stated would mean the 11ktpa for the entire 1/4 - IMO. The second would mean at this rate at some time during the 1/4.

    One small word (in bold) can make such a difference. Now of course we still need LYC to prove the output as opposed to intentions - as we have seen from recent history intentions are all very well but do not pay the bills.

 
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