LYC 1.02% $6.94 lynas rare earths limited

comsec have eps for ye 14 of 8 cents, page-17

  1. 176 Posts.
    These figures might make you sleep better but they are far from reality. What worries me is that demand still doesn't respond to falling prices. Producing 22kt into an oversupplied market would be suicidal. Lower production drives the costs up. I would be very happy if Lynas can produce and sell at 25$/kg not losing money until the market, especially our key market Nd/Pr picks up. That still leaves us with a load of debt with high interest payments.

    The last figure that was wrong in your post was the number of shares. We are counting close to 2bln shares.
 
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$6.94
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$6.94 $7.04 $6.88 $23.17M 3.335M

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1 3000 $6.93
 

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$6.97 13052 3
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