Lynas - will deliver in spades, page-40

You said

looking forward to Q tomorrow to get a better feel for cost per ton.:I said this was total wrong so now with report out lets take a look to see how it turned out.

1. q3 expenses for admin and production 93.7M / by tons made 4209 = $22.6 AU per ton. aA7 they had 327M in revenue
2. Q4 P&A 99.6 M aud Total weight 3650 cost per ton = 27M Revenue 264M
3. Q1 P&A 104.4 TW 3500 CPT = 30AUD Revenue 163M

So we have cost per ton going up from 22.5 to 30 AUD over two Qs while revenue drops 164 M I i would run very fast from any company showing this pattern. Now in fairness they had tremendous water problems that raised Cost and reduced revenue. if you had any idea what Lynas was about would you have not known this from press releases? As if this is not enough the NdPr price recognized in Q2 will be much lower.