kudos jan johnson, page-28

Good summary Chi, my reaction is if the CoGen is such good value why isn't everybody doing it? Only works for Moly because they are right at the end of the LA grid as I understand it. If the Chlor Alkali works it's hard to see a huge margin over Lynas taking by-product from a neighbour as reagent.

Suggest Molymet are positioning to TO Mt Pass although I can't see the synergies to their existing business?

Flying LA to Miami late May and trying to organise the w/e in Austin on the way thru. With the airline consolidations schedules and prices in the US have certainly got a bit tougher over the last year or two but let you know if we can make it to Austin. Circuit there looks fantastic.