LYC 3.43% $6.34 lynas rare earths limited

Ann: CEO's Presentation to AGM, page-8

  1. 7,422 Posts.
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    Referring to first item in the right hand section of Project details on Kalgoorlie in your post. In the last couple of CCs AL has been saying that Kalgoorlie plant would cost AUD 500M. I always assumed that this was just a slip in a CC since the cost was 500M for all the projects. After AL saying it multiple times and putting it in print for AGM I am assuming that current cost of Kalgoorlie is 500M. So what is total with other projects? How does this fit with AL always saying any major changes and we will let you know clearly? Could US, PDF, Lamp and Mt weld bring total over 700M~800M? The 500M is mentioned in the 2019 presentation, here it is on the opening page.
    "• A $500m capital plan self-funded with the ongoing support of JARE"
    I am more than willing to accept this as another slip but we have had so many with no correction that I am beginning to doubt it.
    There is a referral to 500M as total in the 2019 plan as well as summery on first page see page 65,

 
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