LYC 3.35% $8.02 lynas rare earths limited

LAMP2, page-18

  1. 19,072 Posts.
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    Oh, this is a very deliberate attempt to MISLEAD here.

    Not unlike Announcements from LYC.

    Note the title of LAMP2.

    Followed by the first Statement:

    ...has officially began being FULLY operational and will be producing product to the Japanese market within months....

    Followed by the next statement:

    LACAZE will confirm within days during a operations update LAMP 2 is FULLY operating.......IMO by the end of 2015 Lynas will be producing 20,000tpa...

    And when prompted by a reader to show a link

    This person then referred to the recent Investor presentation and made this comment:

    "LAMP is fully operational and has achieved four successive quarters of strong increases in production and sales and is on track to achieve a fifth".

    Note the change from LAMP2 to just LAMP.

    The actual comment made in the Investor Presentation on 29 September was:

    "LAMP Phase 1 is fully commissioned and Phase 2 Cracking and Leaching and Product Finishing assets are operational"
 
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