LYC 1.65% $7.75 lynas rare earths limited

"Why don't we just sell the central and duncan deposits for...

  1. 927 Posts.
    "Why don't we just sell the central and duncan deposits for another 20 million and be done with it?"

    Because its our core-business!

    "What we should be looking at is procuring more mines with heavy rare earths not selling them. We are alredy short of heavies and in the future a mine with no heavies is uncompetitive"

    If you did watch the last published video: at the end it was said: "malawi and kangarunde (dont know yet how it is written), will be develpoed and add to the 22.000t/year another 5.000t/year REOs, which can be separated by gravity-seperation in an additional plant in malaysia. This is something like phase 3.

    So selling crown to forge, getting 9mio options, royalies, 20mio$ is one thing - another thing is producing HREEs deposit. and both doesnt conflict!
 
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