LYC 2.37% $7.78 lynas rare earths limited

No physical impairment to Ph1 assets, page-44

  1. 282 Posts.
    So a competitor could build the same plant for $190 mill less than phase 1 was built.So poof up in smoke $190 mill.Thin edge of the wedge goofy .$AU 1,400,000,000 shareholder funds spent.
    debt is $US 450mil +.Market cap $AU 198,883,397 (@5.9) .Actually no imagination needed.NC jumps ship (another $2mill severance?) in trust with lawyers no doubt.Disneyland was/is more entertaining .Still shareholders(theres one born every minute) buy into this fantasy .welcome to the HC boileroom,Where is ASIC and ASX
 
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