LYC 2.72% $7.14 lynas rare earths limited

"Assuming $26kg revenue and $18kg phase 1 costs...Admin,interest...

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    "Assuming $26kg revenue and $18kg phase 1 costs...

    Admin,interest is 17% of costs of thereabout ($198m) and $35m) so need to add $3.06 (say $3) to costs.

    $26 - $21 = $5kg gross profit

    11,000T x $5kg = $55m gross profit"

    Factor in the latest average price obtained by Molycorp and see what Lynas is worth.

    The facts are "WE DONT KNOW REVENUE". "WE DONT KNOW SALES". "WE DONT KNOW COSTS"

    All I see is a big white flag.
 
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