alkefguy, Duncan get's way better than that when you strip the...

alkefguy, Duncan get's way better than that when you strip the Ce out as per the last Duncan Ann. The TMR stats aren't configured to capture that even though Gareth is well aware.

I've posted the numbers before but take the potential Duncan production from the Ann., add the LAMP numbers from the DoE CM report and you'll get some idea of Lynas's dominance of new CREO production thru 2015/16 and even total production of some elements, notably Eu/Tb, particularly as China's southern HREE production is their most vulnerable in the current reorganisation.

Just my opinion but I think we'll see a number of JV's along the Siemans line, most notably with Rhodia/Solvay, where Lynas muscles into downstream value add with a CREO supply as it's major contribution.

Anyone concerned about margin should just do a little research on RE metals prices. Moly tried to bluff it's way there with a dud hand and blew a couple of billion of SH's money whereas Lynas is playing a hand with 5 Aces and does anybody seriously think NC does not know how to play that kinda hand?