Yes - reporter error deffo - but what NC was saying was...

Yes - reporter error deffo - but what NC was saying was absolutely right - the REE squeeze is already on hence why co's like Siemens want guaranteed supply. He mentioned the case of German car makers (was that a hint?) and also made the point that whilst REE's of course exist elsewhere there's noone else better positioned than LYC to become (at least for a first considerable amount of time) a monopoly breaker - For other co's it then becomes a case of getting the REE's out of the ground, processing to final product etc - which noone else except China & Molycorp has. I noticed a lot of hoo-har on the Arafura board recently - regardless of what Jack thinks - the charts on the ARU sp speak for themselves - and LYC's Mt Weld is the purest source of REE in Oz anyway... once the ARU price hits sub-50c then they become a poss t/o target imho... but I wouldn't pay more than 40-45c ps for ARU right now anyway! :)x