Most Chinese rare earth miners running at a loss, page-22

MMM

Careful there, they had a qtr with positive cash flow of $6 mill before financing. In accounting terms, once you add intrest and depreciation they had an accounting loss of at least $20 mill before the write back of onerous contracts.

Still away to go before a profit is made. I will be interested to see the payables and recivables balances at the end of June. I suspect that the suppliers will be very unhappy with the dragging out of payments.

On the positive side, they are getting their act together but still in the hands of th e financiers and suppliers if they are to survive.

for Ausheds, look at Chine YOY Neo magnet exports , your missing Dy may just have been consumed by the Chinese making export magnets for ROW use.