MEI 2.27% 11.3¢ meteoric resources nl

Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-25

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  1. 4,026 Posts.
    lightbulb Created with Sketch. 222
    Hello. You must have missed the "70% payability". LYC is 100% payability.

    Instead of criticising Lynas, you probably need to appreciate MEI appear to need a refiner such as Lynas to sell their product to.

    MEI appears to be only producing a "concentrate" or "carbonate".


    https://hotcopper.com.au/data/attachments/6295/6295989-5442fd8d5245e85b1c608ec2c23abb95.jpg

 
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