LYC 1.86% $6.03 lynas rare earths limited

why are you certain the quarterly will be + ?, page-34

  1. 8,917 Posts.
    lightbulb Created with Sketch. 32
    Thanks.
    'possibly the amortization of the cost of a storage facility and processing of wastes?'

    Amortization of the cost of a storage facility - should be a capital cost and not a COP, but one really does not know as there is no accounting standard used by LYC in their COP numbers!

    Processing of wastes - interesting call, and may be material. However disposing of waste was always a cost to be considered?
    If this has increased COP by such a large amount then I would have expected LYC to declare as the reason for the COP increase.

    IMO - the COP at $6 was never a true number, unless reagent costs have gone up by best part of 100% in 1 year
 
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