LYC 2.73% $6.40 lynas rare earths limited

next best after lyc mining - lyc processing, page-8

  1. 872 Posts.
    Good guideline Kalenn,keep it up.
    I would just like to know one thing..no make that 2.
    On todays basket prices.
    1 Of the contracts in the vault,which is the Dearest..(with most HREE,s,or what ever mixtures are ordered.Who knows the contracts are so top security.
    Could the dearest average price be ..say $140.
    2 the least valued contract...Price ?...has to be min..$70.
    We will only know either the QTR ending 2011,or Q1 2012..QRTLY REPORTS.
    Then Income will be revealed.
    Then all hell will break lose...if the basket price is still say $70..and LYC income translates to $140 kilo REE. yikes.
    The contracts all have a floor..so worst case scenario are your excellent figures.:)
 
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$6.40
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