LYC 0.34% $5.93 lynas rare earths limited

Kal approval Mon or sometime next week would be an added boost...

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    Kal approval Mon or sometime next week would be an added boost if markets start to turn around. I believe the new WA Environment minister only took office 21 Dec and had to get up to speed on his new portfolio, which might explain the delay.
    In any case, half yearly update next month and qtly reprt in April will show the direction this company is headed. Also expect updates on drill results and US plans. From Amanda's last update, I expect Lamp already above 75% Next rate, if logistics no longer an issue getting concentrate to Mal. They can go up to about 85% pq before regulatory limits kick in, although with PDF approval in place, restrictions could soon be lifted.
 
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