Rules of the play, page-57

The Investorintel presentation does gloss over the reality that most of the other Non China "mines" are not yet actually producing rare earths.

Alkane's Dubbo project for example is still at the approvals stage I believe.

I'm comfortable with my investment in Lynas. However I certainly acknowledge there is risk to match the potential reward. LYC does not suit the risk profile of many investors.

I believe sub underwriters would need to be sophisticated investors would they not? Be interesting to see the sorts of choices these sophisticated investors make next week.