lynas website release (just emailed to me), page-11

Hi seenow1

I do try to keep up with other views and did read Mr Ficklings WSJ article when it first came out in late Sept, it is for US digestion and perhaps is a comfort to them. When I got to the bit "indeed, on J.P. Morgan's cash costs analysis, Lynas would have been unprofitable in 2009." I moved on.

Anyway I saw Andy got moderated, and then saw it was just wrong forum thingo, but I found this.

Posted: 09/03/10 19:05 Stock Price (at time of posting): 52.5c Sentiment: Buy Disclosure: Stock Held From: 203.51.xxx.xxx

Thanks andy

Interesting listen.

"No problem to talk with other juniors who want to look at refining" Wow I like that, everyone knows the juniors will need a big guy on the block to give them a leg up and generate cash flow for them.

Nick likened it to an oil refinery which takes in crude for refining. I am beginning to get the feeling that this could just take off on some wild ride. Money makes money and if the SP does push some boundaries we will see players all over this like a rash, and a more bold Lynas for sure, lets see some solid construction news, that will get attention. Perhaps followed by a couple more sales take off agreements and a bursting of the $15/kg RE basket price on it's way to $30.

If Lynas get this half right they will have at least 5 years free run as the only external RE to China.

Nick Curtis and Jake Klein are top notch in this field and after some sizable knocks they will not let this one get away.

DYOR!!!

Thing is the basket then was 11.50 and the SP was 52.5 My call about the $30 was seen as way over the top! I obviously think it is going to go higher than it is now but I will not put a figure on it this time, people know enough about REE now to decide if it will be higher or lower all by themselves.