major ree , page-10

Hey Stoops stop trying to put me in the enemy camp! I more than doubled my dabble after the last Ann!

At least we agree re the third partner bit, lol. "A major international REE producer" to my knowledge could only be Chinese or Rhodia and for a number of reasons I'm backing Rhodia not least the expansion of their La Rochelle plant and it fits their modus operandi to a tee. The big attraction for them would be time to production which is exactly my interest. Hope I'm right on that one as the news would light a fire under the SP when it broke. Their tech exchange has been invaluable to Lynas and I'm sure their involvement would have inspired confidence in off take negotiations.

Lynas basket was $92.20 Q1 and $53.90 today but that's not really the point. No hard and fast rule but from what I can determine concentrate sells for 25/30% of the finished value so at $47 it's looking a bit skinny. Happy to be proved wrong on that one as I'd like to see the research. Apart from that I do feel CUX needs to move up the CREO value chain for LT viability but we could probably argue that till the cows come home!

Totally agree, Pancon & producer interest very positive. Told you, I bought more on the LAST Ann.

Very happy to at least escape the "challenged posters" grouping.

The numbers look great but with 97.6% rejected to tails what sort of volume throughput do you need to be viable and what size plant/consumables? Not my area of expertise so you'll have to excuse my caution until I see it laid out in black and white, 16 point font for preference.

Time to production a definite Ace up their sleeve.

Confident enough to venture some hard earned, as they'll probably get a little run sometime, but yet to be convinced LT.