A new Lynas is emerging (ARU), page-15

ARU have a LOT more than that to do, the resource was originally a uranium prospect, extremely high in both Th & U.

Not only do they need to concentrate the ore in Australia they need to beneficiate it to strip the U & Th, no way would it ship anywhere with the high levels of Th & U, and they will need a license to dispose highly radioactive tailings.

Before ARU have any hope of their massive funding ask they will need to demonstrate the ability to sell product, to come anywhere near their silly CoP claim they will need to demonstrate the ability to sell 100% of production + by-product.

Where & who are their customers & sales contracts?

Frankly based on their recent glossies they don't even understand where the market is.

Reminds me dear old Moly's claim $1.70kg CoP, best they ever did was c$30kg basically producing concentrate, despite 50yrs prior experience with the resource, and nothing like ARU's high levels of Th & U.

ARU's claims are little more than a thought bubble ATM.