4 million roadblock @ .28, page-20

TU cafa, good balance, there are some indications floating around that they be a lot closer March/April than many suspect but that is pure spec.

As goofy suggests above it is a complex, automated plant scaled well beyond what anyone has attempted previously. As a direct peer comparison I note Moly has had very similar difficulties bringing its own new plant online, but also note the total absence of any product approval notices. In fact a quick comparison of their Q on Q ASP's suggests that something close to half Q3 "sales" were in fact LREC, or unseparated concentrate OR carbonate, depending on which of their management you believe.

Regardless it is well time for Lynas to deliver now, not sure the endless spec here helps anyone, and provide some solid H2 data.