LYC Chart, page-430

Cheers Pennie, good to read some calm logic.

Stated last year, MtK interests are most closely aligned with SH's, they need a successful, growing company and a MUCH higher SP to attract the size & scale of buyer they need to sell down, in tranches.

Selling into mkt would be self defeating, they need bigger insto's & Index funds attracted to the stock, and most likely to move larger tranches off market.

Don't believe the mkt has any concept of how to value the Lynas business, and after protracted start up coinciding with an extended down cycle in RE prices resulting China's clumsy manipulation, it is clearly in rehab with perhaps the sentiment indicator sitting on "dubious".

Anyone seriously think the ASP can't rise back to $28/30kg, it's cycled from $9kg to $200kg back to $11kg over 8 yrs.

Anyone think the LAMP can't pump out 25ktpa perhaps with some expansion in finishing, kilns operating 240% "nameplate", 1 SX circuit already taken thru 100%, remembering "nameplate" is usually set at 85% design capacity.

Stated objective is to keep Q costs circa $54/55M thru production expansion then back to $50M at optimisation.

Do the math and the potential net free cash runs to $500Mpa, anyone any thoughts on how the mkt might react when that potential became apparent?