Goofy,
I have never seen any poster say the Lynas business model was wrong, just the execution had been poor. And the low REE prices fully exposed that poor execution.
I have been critical of the smoke and mirrors games played to get positive cash flow. Debtors basically COD and suppliers being paid 90 to 120 days. And interest being paid into a restricted account so not included in cash outflow numbers.
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Price($) | Vol. | No. |
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