LYC 1.51% $7.82 lynas rare earths limited

Dickyboy,1. The retired $125M credit line was conditional on POL...

  1. 19,587 Posts.
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    Dickyboy,

    1. The retired $125M credit line was conditional on POL approval so not terribly useful ATM, particularly with a $40M cost over run staring us in the face.
    BTW, I don't think anyone has commented on the delay due to "Additional engineering completion requirements'. Was this additional engineering caused by an oversight in the original planning or an effort to meet the recommendations from the IAEA that were only made mid year?

    2. LYC has commenced stage 2 at the LAMP, fully funded by Sojitz, and the MT Weld expansion is in sync to meet this demand.
 
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