News: LYC Australia's Lynas Corp says Malaysian state approves waste treatment site, page-6

Chem figures that you would not get the impact. This is bigger than all the profits from 2018 and 2019 combined. Before that only loses. It also cannot be CAP EX. so its impact is immediate with each payment. Unless REO prices rise my guess is June 30 payment of AUD11.36 M could reduce Profits to less than 5 cents for year. Do you think that is important? Then for next two years June 30 payments of USD 17M or AUD 19.3M So now we MIGHT be looking at total profit for 3 years of less than 0.25. Now lots of things may happen REO may go up. Exchange rates may change in a way that helps. These will be positives but also the opisit could happen. Two many variables to predict. This is major money right off bottom line.

For years you have been saying this was much bigger than many thought it would be. this includes me. You were correct. Now that you have become a big buyer you are saying see it is all resolved. Changing your mind is fine, I do it often. Could we have a few words on why you changed? I am sure you had good reason please enlighten all of us. .