Thanks MikajI appreciate your posts and that you consistently...

Thanks Mikaj

I appreciate your posts and that you consistently share your research.

Is that a graph you have made? I need to go digging back through the announcements. As I had Kal at 500M with a 80-100M variation. Call it 600M more or less spent.

I will write to the company to clarify AL comments about the 1.2B and I'll share the response. At first I thought 1.2B was Kal, Texas, and a few improvements at LAMP. But if I heard right Texas will a heavy and light LAMP 2.0 producing 8 ton of seperated REO a month (not quite double current LAMP).

The more I think on it 600M seems too cheap to build the Texas plant and AL meant the 1.2B on the balance sheet is earmarked for Texas. (Though building costs in the US will be a lot cheaper then Oz)

Ive been invested in LYC since 2017. And although the captial gain places me well in front, some income after 6 years would be nice. If the 1.2B is for Texas, that will place any dividend into 2025 unless NdPr goes back to $100 USD/Kg in the interim.

If understood correctly. Kal will allow LAMP to double through put. Texas once built will double again. So take the profit range of the previous 12 months and times that by 4. And the cashflow / profits are certainly coming. It just always seems 2-5 years away.