Frustration?, page-27

Just cut thru the glossies and factor capital intensity NdPr.

ARU talking 3600tpa NdPr @ $680M = $180kg NdPr cap density.

PEK 2800tpa NdPr @ $356M = $127kg NdPr

Lynas LAMP II 3000tpa NdPr @ $225M (on time, on budget, both trains commissioned to 95%, steady state, 90 days), $75kg cap density.

Currently expanding 1200tpa @ $35M, $30kg NdPr.

Nothing to stop Lynas repeating, particularly given FCF & mkt engagement, potentially timed to late 2019/2020 to catch the growth early next decade.

AL with TtT: "we think the best new Lynas..........is Lynas"

From 3:47 > https://investorintel.com/investorintel-video/lynas-ceo-joining-billion-dollar-market-cap-club/

BUT the Q impacting the SP today, and near term values, is what does demand look like relative supply right now, and immediate future?

OR will Lynas do a better job promoting forward via end mkt clarity?