LYC 2.72% $7.14 lynas rare earths limited

hq gee up, page-15

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    'Q: Can Lynas Corp rule out a capital raising in 2014 based on cash flow that is becoming visible with the successful customer acceptances, ramp up of plant, contracted volumes and projected revenues?'

    A couple of tips for what its worth.

    A) Eric does not have English as his first language and thus questions should be simple, and preferably a binary answer. The above Q is a compound question and allows him to say no, and then later he can refer back to the predicates. Or he will simply say he did not understand the question.

    I would ask, simply, 'based on the last 1/4s numbers (these are a fact and there is no wriggle room) are you confident that there will be no capital raising in the next 12 months?'

    B) In fact to ask such a question regarding a corporate event that is a notifiable event, the answer of course will be negative but with enough room to maneuver. He can't say Yes we are thinking about one next XX, can he?

    So I would suggest the Q are items that would not create an answer that is notifiable as all you will get are fluffy answer. Same from RIO and BHP - these chaps have to be careful, so accept that and ask the right questions.
 
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