jack lifton on lyc - the tide has turned

Taken from a recent interview with Lifton - "A radical solution for the Rare Earth Supply Crunch"

Interesting quotes in relation to survival:
"Orbite's success isn't all about a new technology, it's about a streamlined technology."

"A good example of right sizing is Rare Element Resources recent business model showing the majority of its income will come from everything but lanthanum and cerium. Lanthanum and cerium in that plan are around 15% of the total value. To me, this is excellent. Those elements are nearly 80% of the produced volume, but represent only 15% of the revenue. The majority of the revenue comes from neodymium and heavier elements. The plans for Ucore and Tasman are similar. They have refocused their business models to produce less volume and more of the "good stuff." To do that they had to reconsider their plans for building solvent extraction plants. The new plans are not like Lynas Corp. (LYC:ASX) or Molycorp. The Lynas plant will process 122,000 tpa of ore, to produce 22,000 tpa of concentrate mostly in lanthanum, cerium, neodymium and praseodymium. Approximately 5% of the total is the midrange and HREEs. That is only 1,000 tpa of the best material. But the company has had to construct one of the largest solvent extraction plants in the world to be able to get at that 1,000 tpa."

Discuss.