lynas talks up proposed wa plant, page-19

Fidosnos,
Lynas have spent hundreds of millions on the facility in Malaysia, and so far the real delay caused by the withholding of the TOL is about 1 month + six weeks from the day of Tol issue. The Lamp was only completed about a month age according to various unofficial estimates. So at 10 million dollars per month in holding expenses we are 25 million dollars down.

Talk of dismantling the Lamp and moving to Australia shows you have no idea of the costs involved. A lot of the construction costs would have to be written of, as you can't move holding ponds, and concrete foundations. The Lamp is not some sort of transportable easily dismantled and reassembled. The moving costs would be huge.

Even if the delay extended to six months at 60 million dollars cost,we are talking about billions of dollars in future revenue. Once we move past the current problem, lower operational costs in Malaysia will recoup delay costs.

I remain optimistic the TOL will be issued the forthcoming weeks ahead.