nick curtis on business channel right now!, page-14

Not sure LYC will need to do any TO's has they have abundant resource on hand.

NC has already hinted at addding enhanced Dy feedstock to the LAMP and this probably explains the position in NTU.

It's fairly well accepted that only a handful of companies are going to get to final separation stage and with LYC being the first they will have the opportunity to pick and choose amongst the juniors for enhanced HREE feedstock and maybe take small positions in the most promising. I.e. I've taken a small position in CUX for their alluvial deposits showing promising HREE values in Xenotime. With easily accessible material they could have a concentrator on site fairly quickly producing a high value HREE feedstock.

The LAMP is going to provide LYC some unique opportunities over the next couple of years.