LYC 1.29% $7.25 lynas rare earths limited

quarterly, page-45

  1. 56,680 Posts.
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    A slight into the future maybe, if I was in control:

    A SPP up to $15K followed by a new fund manager fully underwritten plus a fund taking a large amount in new capital.

    Hopefully, they won't loan it out.

    I doubt JP Morgan will be around - no matter what, LYC is now over a barrel by those want the SP cheaper via corp. "movements".

    Over-exuberance, debt management, bubble.

    Mind you, for those, IMO, I believe LYC has stated the facts both constantly & transparently.

    LYC may still do very well once the financial strength of the balance sheet is stabilised.

    I'd go for close to $200m.

 
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$7.25
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