LYC 0.76% $6.51 lynas rare earths limited

Its not about the detail in a company ("hopeful") projection...

  1. .y.
    3,566 Posts.
    Its not about the detail in a company ("hopeful") projection relating to 5 or more years time when they most likely do not have enough cash to make it 6 more months before going out of business.
    How do you propose they will come up with the $30 million due in September and then the $20 million due in December as well as the $22 million in interest due them, when their best performance to date is losing $25 million per quarter after burning through about 1.3 billion to get to that point ?
    $72 million to be paid by EOY not likely and even if it is deferred then the interest bill just gets bigger and bigger until the point they become as you like to put Molyesque.

    I really think it is you who don't care for the detail and just post pie in the sky charts that have no bearing on current events
 
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