Dear all,
Must say I am not worried one iota. Check out the Chairmans address of 24/11/10. "Inner Mongolia Batou... the world's dominant player, employs 102,000 people and produces 56000 tonnes of REO annually. Lynas will employ 380 people to produce nearly half of that amount at 22000 tonnes. I imagine Kyrgystan would be closer to China than Aust technically in this. If so, costs must surely be way above LYC's. How long would it take to even recruit and train 100,000 staff.
Have a good weekend.
Rgds
KMS
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