LYC 0.51% $7.89 lynas rare earths limited

lynas announcements, page-6

  1. 19,587 Posts.
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    warhorse, you have absolutely no concept of the Lynas business plan, or the RE industry, and your sole purpose here is black propaganda with not a shred of objectivity.
    While I certainly have my own reservations on both Lynas & the RE market as a whole I can point to the concentrator S1, on time/on budget, S2, ditto, LAMP2, appears to be within budget/Sojitz funding and within an acceptable timeframe, 25 product acceptances and a similar number pending, 3 waste streams successfully converted to saleable product, and probably most importantly, a suite value that should allow somewhere around a $10kg margin at the LAMP.
    LAMP operating well within safe parameters, tick.
    Waste successfully converted to saleable product for export, tick.
    Positive cashflow H1 14, ???? But then if they deliver on that one you'll just have to go find another watermelon patch to play in.
 
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