Deciphering Lynas, page-679

I never said they would not reach 1800KT. What I said is they were very late and this shows a failure by a key project. Lynas says NEXT shows their great project management. Lets look at the record. Original name plate was 1500T they did not achieve this till Q1 2019 They did Not produce it reliably till 2023. NEXT , 1800 kt NdPr, was finished in 2018, with much fanfare. It took till Q3 and Q4 2023 to reach the volume. If the same applies to the 2019 plan we are looking at years before they reach the volumes, they claimed for 2025. So far Texas and KAL are late and having trouble.
Maybe 2019 plan will come out ok at last minute and only be a year late. Texas a very key component to 2029 plan is already way over a year late probably 3 or 4 Lynas still has not updated a schedule If you are not concerned, you are living in a dream world.

Yes they had problems Covid & water.. MAL regulations have not cost them a KT in spite of all the noise. Great companies know there will be problems and overcome them. Also note how low total production was way behind NEXT rates. Was La and CE sacrificed to help NdPr? I do not know but total is still way behind NEXT. Probably has more to do with price than capacity but it is still a hit to revenue and earnings. You slander people you do not agree with by misrepresenting what they say but are incapable of addressing their arguments. Explain what you see as positive in the below chart. All data from Q reports so you can check for accuracy.

Here is the 2029 plan maybe you should go back and read it. Then think about what you are saying. You can also read the 2020 and 2021 plan which used same dates and costs. Current cost is about AU$ 1.2B. Here is what was said on page one of 2019 plan. Do you consider this good management?
"• A $500m capital plan self-funded with the ongoing support of JARE" https://wcsecure.weblink.com.au/pdf/LYC/02107222.pdf




So looking at a single point in time and misrepresenting what I said shows how biased you are

what data proving what pls show what you are talking about.