Very interesting reading Mr Dean. Out pops the 6000tpa NdPr target for NdPr once again!. The design production rate for NdPr is 1300 tpq (520p tpa) In FY2017 Q4 they produced 1343tns, slightly above design rate.. In the CEO review in the FY2017 Q4 Report the CEO makes the following statement "Lynas expects to continue to operate at slightly above design rates for NdPr.." Hence based on AL's most recent comments LYC NdPr annual production rate is expected to be around 5400tns. So until AL increases LYC production rate expectations to 1500tns pq or 6000tns pa it would be unwise to rely too heavily on equity researchers' somewhat bullish and currently unsubstantiated (by AL) NdPr production rates.
I would be interested to know how LYC could increase NdPr production from 5400 to 6000 ktns pa. within the design parameters of the existing plant only. Is it technically possible, I simply don't know. If any of you Hotcopperites have a technically feasible answer I would be most interested to hear it.
LYC Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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