Agree Mikaj, the big news is already out and it always has been. The biggest problem (other than a sour market) is no one keeps the proper score, Lynas is doing some amazing things…
Mt. Weld, is an asset that brings a smile to Amanda’s face whenever she discusses both exploration and development. Mt. Weld is a world class deposit of rare earths that will provide sustainability for concentrated ore that is shipped to Kalgoorlie well into the future…
What most don’t realize is the tremendous asset Mt. Weld has become with further drilling and analysis. My guess is that if the Mt. Weld mine (100% Lynas owned) were a stand alone equity in a bullish market it would be a large percentage of the current market cap…
When one considers the scope of the Kalgoorlie site it makes it pretty clear who will be producing rare earth metals in the future. There are many magicians who are consistently developing new processes but the fact remains that C&L along with solvent extraction is the most effective process at scale…
Politically, who knows what is ahead for Lynas but it appears Malaysia is waking up to the value and economic benefits of growing the rare earth business. Who knows, perhaps we can all be friends and work together to develop downstream economic development...
There is certainly good news ahead as the current projects wrap up and begin contributing to the bottom line. The market still does not understand the rare earth business and the complexities of the separation process. With Kalgoorlie coming on line and the tremendous assets of Mt Weld and Malaysia, it shouldn’t be long before the market wakes up and begins to properly evaluate and understand the industry... JMHO...
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