what is going on here, page-13

All I know comes from "BBQ talk" from a contact in the west. The talk is that things are moving again. Company reports are a little light on with information as usual. I'm not expecting much to happen for around 12 months.(apart from plant construction.) I'm keeping my ears tuned for the news that shipments of concentrate to Malaysia are about to commence. That is when I expect some real action with the SP.My mole will keep me informed as we are good friends but I dont expect any special "insider information".

All we can go on at this stage is the fact that there are no financial problems, that the plant will be built, production will start, product has been presold and the future of the rare earth trade looks bright indeed. On top of that LYC has a head start on most other rare earth producers outside China. As the saying goes "first in, best dressed".