LYC 0.00% $7.71 lynas rare earths limited

lynas announcements, page-9

  1. 12,085 Posts.
    ausheds

    That's all and well...to a degree.

    LYC handed out 50 specification samples...like doing a wine taste...but who is buying a bottle, let alone a box or pallet?

    The 'saleable' waste...who is buying it?

    The LAMP is allegedly moving towards nameplate. Is that because it's only partly fix, more issues have arisen or lack of demand?

    Who, as a SH, knows exactly where we're at? No one.

    I'm confident all issues will be sorted but I'm not confident the 31 Dec deadline is sufficient. If Lynas doesn't get a move along the 2014 1st quarter is going to be a disaster.

    Lynas isn't interested in communicating anything other than the bare minimum. It's not because there's nothing to report but because governance allows the bare minimum. Hence, LYC seems to use the Quarterlies to announce, and even in those they are cagey.

    Plenty of watermelons in the field still.
 
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