5 2 12 here are the key parts.• Lynas to submit all details of a...

5 2 12 here are the key parts.

• Lynas to submit all details of a Permanent Disposal Facility (PDF)
• Lynas to submit a plan and location details for the PDF, regardless of the outcome of
research and development into commercialisation, recycling and re-use of solid residue
materials
• Lynas’ plans and the location of the PDF to be submitted and approved within 10 months
from the date of issuance of the TOL
• Lynas to pay US$50million in instalments to the Malaysian Government as a financial
guarantee
• The AELB reserves the right to appoint an independent consultant to evaluate compliance
with the standards and regulations that have been set, the cost of which will be borne by
Lynas.

Now you may be correct but I rember many modification for PL Lynas did not meet any of the requirements of the TOL license as you can clearly see. There were many changes from this point till perm license including instead of payments going to Gov they became bounds to ALEB. So I will not look up any more but go back to what I said . I think they may get some possibly all of this money but it is not a given or Lynas would have said so. That AUD 44.8 + aud 11.6 in Q4= AUD 60.4 = 52.55 USD so all funds are a positive on balance sheet. Note exchange rates at different times mess up number I am sure it is USD 50M. That since this is on their books as an asset regardless if they get none some or all of 50 M . All the expense of PDF hits the bottom line right away. I do not see how you could find it so important what the amount is called it is the fact that weather they get it or not it hits the bottom line. USD 98M that is AUD 113M at todays exchange rate of .67 AUD/ USD

Please note in my first post I said "I think they Will (referring to getting the monies) but no Guarantee". So stop mudding the waters it is about the bottom line. It takes a big hit in next few years, Take a look at the chart this cannot be CAP EX sinse it is storage of material already made. not stuff to be made in future which would let it be CAP EX. For the record Lynas made 80 million in 2019 minus the debt forgiveness so 34.6 Million from operations. 2018 they made 53.1 so this expense is more than they have made operationally in their entire history in REO!!! Now don't you think that is important?


For the record they loss 15M in 2017 this was small compared to some of the loses in years before that. So worry all you want about what the USD 50 M is called it just shows you do not get what is happening, or maybe understand what is important, or both. Was a nice attempt at smoke though.

Thank you for one thing. I did look for this and could not find it but I was looking before the PL was granted. Maybe you can find the update for that.