250 years. Even if mined at 2 X, 3X or 5 X the present rate to account for future demand, Lynas may never need to purchase another RE site ever again (well not in mine or my kids lifetimes). The only exception would be if access to markets was considered advantageous due to being closer to major transport hubs. Its hard to quantify what this may mean to the Lynas bottom line. A mine potentially with deposits so large it has no use by date? How is a monetary figure placed on that? If it was a massive almost never able to be tapped out out oil field or gold field, the potential is certainly considered in the value of the mine or company. I look forward to seeing the results of the samples latter in the year. Certainly Lynas keeps providing good news. I still wonder what Amanda is working up with the EU. A deal to provide RE to BMW, Mercedes etc EV market? A factory in Germany? Something is ticking and I would love to know what the next big announcement will be.
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