LYC 0.63% $6.41 lynas rare earths limited

If by cooled down, you mean thorium extracted then yes. I'm...

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    If by cooled down, you mean thorium extracted then yes. I'm hardly an expert but it's my understanding that's part of the process at The LAMP and a thorium phosphate type precipitate is formed during leaching leaving a mixed RE product. I believe the separation of REs is the difficult part and where The LAMP excels. IMO, thorium extraction is not a problem, the problem is the cost of building a cracking and leaching facility in Australia.Where is the money going to come from ? IMO, best case for shareholders is more debt and LYC paying dividends is pushed out into the future. Worse case is we are robbed of future growth and profits in a buyout. As for valuable fertilizer, there is no shortage of phosphates in Australia. That byproduct does have value in Malaysia and would allow LYC to be more profitable. Irritating, isn't it ?
 
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