What great news phase 1 now completly of the table for...

What great news
phase 1 now completly of the table for negotiation
11,000 tonne 5 years supply

phase 2 expected to be off the table completely by x/mas
another 11,000 tonne x 5 years

Then further expansion to a phase 3 beyond this.

40 year mine life at mtweld on 22,ooo tonne
and malawi and ntu as further back up.

I understand their is a lot of discussion on these posts what will China do what they wont do etc etc

But the rare earth end users are telling us all what the real dynamic out there is , its not about the price its about sustainable supply .

what a great oppourtunity LYC has to cement customer relationships with supply continuity with no opposition.

I really have no comment to make on the current share price and movements over the next few weeks .
but it seems to me the sp will look very cheap in 6 to 12 months