Look up the cost of Labor Energy. Chemicals, taxes and you might discover the reason. Lynas new about the restrictions at Lamp for importing Concentrate it was in 6 month license.
16 aug 2019 6 month extension to Lynas operating license pay attention to item 2 there was a clear agreement between Malasia and Lynas to cease C&L at lamp.https://wcsecure.weblink.com.au/pdf/LYC/02134354.pdf
Yet they did not appeal this until nearly 4 years later.
26July 2023 The first request for a review of the license restrictions. If operating Lamp in Parrell with KAL was important whay is this the first appeal since they knew about restriction 16 AUG 2019. This is just short of 4 years latter. If there was another appeal earlier let me know you never know what you missed. but language and a search of announcements make me think this is first one.https://wcsecure.weblink.com.au/pdf/LYC/02690360.pdf
Now AL said in CC they were planning to run both C&L from day one if so why did they not say this in 2025 plan announced may of 2019.
I can only think of 2 reasons. AS they start to use real numbers for COP at KAL it is turning out to be much more expensive than they thought. Ot as they start testing they are finding they overestimated the capacity of what KAL can produce. If anyone has other ideas, I would like to hear them, pls use some data from Lynas to support your ideas.
I am clueless what you are referring to. Can you please explain what BS is and why.
LYC Price at posting:
$6.49 Sentiment: None Disclosure: Not Held
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