Lynas has all but run out of room on site for NUF and WLP storage after all the foot-dragging and naysaying destroyed their plans for by-product monetization and removal. No roads, no Condisoil amendment REGARDLESS its' intelligence, so on to Plan c or D whatever, bit like First Captain ausheds' Investment Schemes for Dummies. Part of the reason they are at 75% operations, imho; they would have to shut down if the piles got too high.
Something of a nightmare, but $100M to solve the problem is a deal given the value of the LAMP and regardless the taste, which must be that of skat.
I'm all about derisking and the PDF decisions definitely derisk my long term investment in a multigenerational mine that will one day be amongst the largest open pit operations on Earth. ($500M expansion at Mt Weld rings my bell)
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- interesting article in the fin review
Lynas has all but run out of room on site for NUF and WLP...
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