LYC 0.33% $6.06 lynas rare earths limited

Deciphering Lynas, page-396

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    For those interested in our (our? or Malaysias..?) PDF progress:

    https://hotcopper.com.au/data/attachments/5207/5207669-747822a0f7715dc8ecdb299cf743a0a9.jpg

    At the end of March, all 'supplementary' areas (i.e. the lower area of the image) and Cell A (WLP storage) were completed. Cell A was lined January-March this year.

    Imagery from 2 days ago illustrates that Cell B embankment/cell slope construction has commenced. In addition, and perhaps of most importance, emplacement of WLP into Cell A has commenced (you can see the dark WLP residue in the cell).

    https://hotcopper.com.au/data/attachments/5207/5207722-63bf775ff6b0d4c494a59aa82a4dbcb7.jpg

    In effect, this means the PDF is already operational. As Cell B is finalised, we will fill Cell A (and so on with Cell C and D).

    I suspect current WLP will fill A/B, and possibly some of C, leaving room for potential extension or continued C&L operations.
 
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