Dear Jack,Strongly suggest you have a read of the Lynas last...

Dear Jack,
Strongly suggest you have a read of the Lynas last quarter report released today: http://wotnews.com.au/announcements/Lynas_Corporation/
Basically fully funded, Lamp 60% complete, construction ongoing and on schedule for year end start up, concentrator recovery on schedule and a CLEAR summary of the 11 IAEA recommendations and the 3 points LYC has to address for pre-op license.
I would also point out that the LAMP is designed in 11KTPA modules with Rhodia?s full support (LYC COO ex Rhodia) and they have a team of their Chinese engineers on site.
Stage 1 production targets (and signed sales contracts) are not aiming at complete separation of all individual REO, this is not scheduled until S2 2013. Slide 27 http://www.lynascorp.com/content/upload/files/Presentations/Investor_Presentation_May_2011.pdf
The report strongly suggests that Lynas is well on track to achieve exactly what they set out to do and that would put them well ahead of any Western competitors.
Could I also suggest you have a look at the Dy and other HREE grades at Mt Weld in the Southern zone (now Duncan) and Crown deposits: Slide 8 http://www.lynascorp.com/content/upload/files/Presentations/HK_Conference_presentation_181109_MPJ_789385.pdf
Look forward to your comments on the above.