Hate to be negative but just a few points first no negatives at all and how they will solve them. No mention of if they have started Plumbing electrical and control systems, June 30th is 6 months away These 3 projects cause the most delay. Switch panels just being installed gives some indication where electrical is. Control room under construction say no end to end testing on instrumentation and control ye. Looking forward to Q2 pictures of KAL Hopeful we will see much more equipment in place and pipes and conduit going to it.
JMO the space they gave environmental activities and revegetation was almost half of page one, ALL of page 2 had nothing to do with the plant just community outreach. This is very important, and I get it should be done but the title was
Kalgoorlie Rare Earths Processing Facility Project Update – December 2022
Yet only 25 % of space was on the title. and even that was sparse. We should be hearing about completed phases and testing starts very soon or they are in big trouble.
LYC Price at posting:
$7.85 Sentiment: Sell Disclosure: Not Held
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