Spot on Arafura, best post for some time. With all the minor emotional distractions few seem to be focusing on the power of the LAMP and not just it's cash potential but the opportunity to dominate Western production for several years. During all this neg sentiment and tax loss selling I've put another 100K into LYC based on my belief that in 13 months we'll have an Ann for 2013FY earnings, commissioning date for LAMP stage two and plans and funding for modules 3*4 to be constructed together.
Feedstock will not be an issue, competitors are miles behind and most will not get to final separation so IMO the LAMP will become a giant cash machine dominating the RE scene for several years.
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