LYC 2.72% $7.14 lynas rare earths limited

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  1. 2,364 Posts.
    AntiB I don't understand your post. "The first product will be samples sometime this month."
    Actually, as I understand it the first product is being produced now: to quote the Pattersons report "Phase 1 is complete and producing. Ramping up to design capacity of 11 ktpa of REO products. First deliveries to clients this month. Revenues next quarter with shipping times, customer qualification, and invoice".
    In other words they need to deliver an appropriate amount and it's being accumulated now.
    So what does (quoting you) "Then and only then will the company start producing" mean? The truth is that then the company starts generating cash.
    It's been stated that they are producing and I see no reason to doubt that.
 
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