Lynas will not publish an operation update, page-35

Mega factories tend to be most efficient when working at full capacity so, IMO, the reason for CEO change
was simply to achieve this.
If LYC can limp along at half rate (11K ton/year) with a COP of high teens ( say $19/kg) giving it a slim margin of say $4/kg then surely it can run at full production (22K ton/year) with a COP of say $15
and a margin of still $4. This would double profit while flogging product @ 17% lower than current price.
This would take eps to about 4c and SP 40c based on a P/E of 10
$88 mil would pay down debt and position the company to achieve long term financing without the bibs and bobs. Full production would also draw a line in the sand so that the Chinese would have to cut back on production or subsitise their export producers contrary to WTO rules.
Cheers
moorookamick