RE: RE: RE: RE: Why they will need Stan's........ Firstly, many thanks to both Kade and 4putt for great info. Here's something else that was reported in a Malaysian Newspaper (the Sun Daily) today (you know where Lynas is having a problem for its plant).
It said that China is going to be a net importer of REE by 2014 !!!!
It quotes the Chinese Govt as saying that they would rather be a world consumer than a world exporter of the raw stuff. It's their plan to use the REE to develop a significant High Technology Industry in China. They give Hitachi as an example in which it started out as a mine that evolved into a producer and consumer of the elements itself.
2014!! Guess who is coming online with production then?
On another note with regards to the JV Kade, as long as they issue shares to the JV partner, there will be dillution.
That's why I agree with Schmid in which I prefer a debt financing instead of JV as costs of debt financing in the current market is quite low and would be lower than issuing shares to funders. Tha's why Schmid is right that if they could operate plant 3 with outsourced ore soon they could reduce the need for JV's or funding investors.
Cheers, thanks again and hang tight everyone till 2014. It's sure going to be a great ride.
Simon Bond