LYC 2.86% $6.11 lynas rare earths limited

why now ? ... strange timing for spp, page-14

  1. 1,819 Posts.
    lightbulb Created with Sketch. 93
    Here is a small sum for you,

    Cash at hand - $14 million
    Monthly cash burn rate - approx $9 million

    How many months were we solvent before out of cash?

    Yep, less than 2!

    It was that close which is why they had all the docs ready. Just needed to know whether they were raising with or without a TOL.

    It just isn't as sinister as you guys are making it out to be imo.
 
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