Dreaming. Minimum 4 years construction and 3-year Commissiong and ramp to full production. That's if it actually works. Expect cost blow outs too. IMHO.
No doubt there's money to be made in ARU, just need to get the timing right. RE sector hype provides good trading opportunities.
Assume they will be producing bulk Ce and La. Wonder where that's going. Tailings pond...
Pricing based on China price. But old mate reckons China prices are irrelevant. Looks like they will have to renegotiate the offtake agreement.
LYC Price at posting:
$6.13 Sentiment: None Disclosure: Not Held
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