Hi cafa,Given that there has been much speculation about LYC's...

Hi cafa,

Given that there has been much speculation about LYC's lower revenue, then perhaps one could speculate on a lower cost of production than those given
@ Q&A session .

There is a cat and mouse game happening with LYC & the Chinese and the
logical thing to do would be to give high cost estimates rather than low costs
until the sales contracts are sewn up.

14c-15c/cost a KG for combined Ph 1&2 is $14K to $15k/ton costs which
is high in anyone's language. Personally I cant see the costs of producing REEs
that much more than that of copper which is less than $6K/ton.

There's only the purification, seperation and blending costs extra and with an
automated-state-of-the-art plant such as the LAMP, that should be no sweat!

If the Chinese can pump out product with antiquated mining and processing
techniques then surely LYC can beat them on costs + a Malaysian Zero Tax regime.

Cheers
Moorookamick