three mining stocks ready to take off, page-58

Hi Philapat,

This is a good point considering the lack of tranparency of LYC generally.

Let's look at 2 x scenaria

(a) that LYC continues to produce and stockpile but does not sell because of price

(b) that LYC cannot produce because of piping problems.

Re (a) Market perception of potential over supply would likely stop REE price
lift or cause price to drop.

Re (b) lack of LYC production likely to maintain price or drive up price further.

In summary, (b) at least in the short term seems preferable.

Cheers
Moorookamick

PS: I'm concerned, however that a full operations crew are sitting round with no
sales revenue comming in. MM.