LYC 1.30% $6.25 lynas rare earths limited

Strongly argued post OMG.I am a bit confused with something and...

  1. 554 Posts.
    Strongly argued post OMG.

    I am a bit confused with something and hope to receive quick clarification from somebody. Is Lynas expecting to produce 22tpa of REEs or is that the amount that goes into the LAMP. If the latter, how much comes out the end as actual product? I always assumed 22ktpa.

    In that sense, I assume the market is desperate to know the projected nett annual profits at, say, $30 basket or thereabouts as a start for 11ktpa and 22ktpa. I recall a post with these numbers a long time ago but cannot find it.

    Thanks
 
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