I've got positive jitters for the future.. AL is turning...

I've got positive jitters for the future.. AL is turning adversity into opportunities.

- IMO AR was very positive (considering everything).
- Bringing FDI with them on their way back from Malaysia (as you said Aus, delicious irony) [1].
- Third-party processing = One stop shop for Australian RE: Lynas Corp (either directly or indirectly) [1].
- 2020 onwards demand for RE is predicted to accelerate (which seems very real), yet we are making money NOW.
- We are yet to see LAMP in full capacity.
- We have close to $100m in ze bank.. and 323t NdPr in inventory worth ~$22m, going straight into the pocket.

For now, I'm very keen to see (i) the chosen site for C&L and the plans, (ii) how NdPr tracks over the coming month(s). In the first 2 months of this Q the price has averaged around US$43-44, enough for LYC to start making some serious $, but way to low for the wannabes. Certainly at these levels, outsourcing their processing is a very attractive option. I'd see it unnecessary for wannabes to collectively spend $billions on processing plants if they can outsource it to us. For a small charge, of course Our WA facility will pay for itself.. Kaaatchingg




And just to add some cream on the pudding, YBY is facing more headwinds back in Malaysia..

'Yeo Bee Yin must resign from her ministerial post following the third and latest air pollution incident in Pasir Gudang this week which saw 33 pupils suffering from breathing difficulties, says the MCA.'
https://www.thestar.com.my/news/nation/2019/08/29/mca-yeo-must-resign-over-latest-pasir-gudang-air-pollution-incident

Part of cabinet re-shuffle?

Happy Friday

###=afr
1. https://www.###.com/companies/mining/lynas-flags-malaysian-twist-on-chemical-supply-20190829-p52lw6