LYC 1.39% $6.56 lynas rare earths limited

"Political resolution: Decisive victory", page-32

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    CJ, get a big paper bag and take several slow deep breaths into it.
    Feeling better?? Good.
    OK, there's already a decision to relocate C&L to WA. Good; sorts most of the ridiculous problems happening in My. Can be completed in a few years and funded from FCF. The word is the bigger and more automated facility will incorporate a heap of learnings from setting up LAMP 1&2 and be very cost effective once operational .Doesn't really leave a heap of assets in My; mostly a bunch of SX tanks and some finishing kilns. Costs sorted in a year or 2 if they did a total relocate from My. The big issue would be retaining the excellent My workforce.
    Last edited by EddieB: 21/08/19
 
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