I have updated the Lynas Price Calculator with more conservative...

I have updated the Lynas Price Calculator with more conservative forward projections in line with:
- potential delays in production
- lower industry P/E ratios
- lower forward price projections relative to current prices

Even with the more conservative projections including:
- no production in Q1 and Q2
- 50% production in Q3
- 100% production in Q4
I still end up with a share price of $5.19 based on 2011/12 production

Of course the whole Lynas world revolves around approval to proceed.

Whilst i am positive with regard to future price potential I personally only have 25% of my original holding in at the moment - with cash ready to go.

Must say it worries me a tad where some have 100% of their holdings already in. When it goes either way it will change price rapidly, but IMO, the vertical rise will be catchable whereas a vertical fall will be far more severe and difficult to deal with. I think it will be approved but with a few caveats and delays.

Bottom Line: if approved the earning potential will make this a very healthy stock to hold for at least the next 2 years. The calculator is provided as a "guide" reflecting my projections BUT you must do your own research AND manage your risk