LYC 0.74% $6.14 lynas rare earths limited

the current state of play, page-3

  1. 8,917 Posts.
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    'The CFO released guidance today of "high teens" production costs up to 11kt REO, and $14-15 when phase 2 comes on line.'

    Not sure about this - I thought it was high teens AT 11kt. If producing under this then COP will probably be higher - IMO. Eric stated again that production will be to sales orders and these appear to be vapour ware right now.

    Will be hugely higher in current 1/4 if only 300t to be produced!
 
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