JP Morgan have already upgraded Lynas on back of the call. Those above noting they and other analysts seemed concerned as to how long before shorts need to be closed may draw obvious conclusions. (And how, may I ask is that any concern of a CEO, BTW, do they want him to do their job ?)
One other point from me, I don't think there has been nearly enough thought put into the consequences of the fall in the Ozzie... Note the extra $2.5m on what are only virgin income figures based on trial give always and Ozzie falling to 90c... Project that to full ramp up and Ozzie falling to 85c and then 80c if you like...
quarterly conf call, page-53
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$6.40 |
Change
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Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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