ALK 3.61% 43.0¢ alkane resources limited

lessons to be learned

  1. 5,277 Posts.
    lightbulb Created with Sketch. 437
    Its a shame about Lynas woes over the past qtr. It appears that shareholders may have fallen victim to lack of continuous disclosure requirements. I hope that the problems faced by Lynas with production are resolved soon as I believe the quicker Lynas get there product on spec and are able to maintain nameplate production, the better for the industry as a whole.

    Nonetheless, Lynas misfortunes should highlight potential problems for Alkane. Even the most modern, state of art chemical plants have unforseen issues.

    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=2058029&msgno=9581109#9581109

    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=2057808&msgno=9581242#9581242

    The old adage time versus money, really favours time as a commodity in this instance having successfully run the pilot plant for many years really does eliminate basic engineering issues that may be a concern during construction.



 
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