LYC 1.30% $6.25 lynas rare earths limited

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  1. 608 Posts.
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    hi folks,

    it turned my mind up and down to figure out where from Lynas would get its HREOs if not from the LAMP. In all presentations since 2010 you will find the information, that Lynas has long term supply contract number 2 for Neodymium/Praseodymium (worth 200 Mio)but they are not produced in the LAMP.

    I am such an idiot. I thought it is top secret because there is such a lot of rumour and doubts about it in the boards here and elsewhere. So I just had a look at all presentations from 2005 till today. In the may 2006 presentation I found the answer to my question.



    Maybe I am just plain stupid, being a shareholder now for many years and still unsecure about some parts of the company.

    Hope that helps to clarify some points.

    GLTA

    Five
 
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