Ann: Chairman's Address to Shareholders, page-7

Actually LYC was more like $1.3B not long ago but heading to $700M soon.

Are you suggesting the plant will not work because it going to be in a hot and arid place or is not going to work because you are going to wish it not to work ? Because most of the iron ore plants in WA are built in similar conditions and never had any issues working at full capacity.
Wasn't you that a while back made the assumptions NTU will never get finance to built the pilot plant, then they would never get the plant off the ground ? Why not check out the plant photos on the NTU website then let us know how wrong you got it before.

Lynas may have produced some dy years ago but how much dy is producing currently ? An even better question is how much will Lynas produce if because they welched on building the waste storage facility their license to operate in Malaysia is not renewed again in 2019 ?