LYC 1.98% $6.92 lynas rare earths limited

I just looked and I asked others to prove their point and I...

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    I just looked and I asked others to prove their point and I guess I did not. so here is the proof.
    • A person working in Factory and Manufacturing in Malaysia typically earns around 4,500 MYR per month. Salaries range from 1,670 MYR (lowest average) to 11,300 MYR (highest average, actual maximum salary is higher).
    • https://search.yahoo.com/search?fr=mcafee&type=E211US752G0&p=Factory+laborer+pay+rate+Malaysia
      • Salary estimates based on salary survey data collected directly from employers and anonymous employees in Australia. An entry level factory worker (1-3 years of experience) earns an average salary of $39,203. On the other end, a senior level factory worker (8+ years of experience) earns an average salary of $56,825.
      • www.salaryexpert.com/salary/job/factory-worker/Australia
      • So using an exchange rate of 3.11 for AUD MYR 10,000 MYR /3.11 = 32,000 AUD Rate in AU is about 2X and we know at Mt weld Lynas had to build housing and flies many workers back and forth not inexpensive.
      Electric
    • Commercial power is about 0.408 / KWH / 3.11 is AUD 0.131 Malaysia electricity prices Household, kWh Business, kWhMalaysian Ringgit 0.244 0.408U.S. Dollar 0.059 0.098Источник: https://katahum.com/southeast-asian-countries/how-much-does-1-kwh-cost-in-malaysia.html
    • For AU it is about 0.20 so 1/3 times more near Kalgoorlie.
    • diesel in Maylasia is USD 0.511 Per liter. In AU USD 1.455 / Litter almost 3 times more.

    For people like Chem who assure us the KAL C&L will be cheaper to run I would like to hear how I am wrong. Please include some data with references.


 
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