lol
Miss the boat did you CJ?
No one has suggested that Lynas will be able to pay down all debt by 2020 dude. As usual your comprehension skills have let you down.
Clearly you have no concept of value add La and Ce which will be fetching a much higher price than what you suggest.
Market demand for Lanthanum was strong including strong demand for Lanthanum for high performance ferrite magnets, and increased sales for use in NiMH batteries as end-users seek to secure a supply source independent of China for NiMH batteries used in hybrid vehicles. Lynas was able to meet demand in both key segments as a result of the improvements in product quality delivered over recent quarters.
While significant progress has been made to date, we continue to work with major customers on further improving and customizing our Cerium products.
https://www.lynascorp.com/Shared Do.../170426 March Quarter 2017 Report 1666922.pdf
In fact you don't have much of a concept about anything regarding Lynas or the RE sector tbh. Just the usual jibber jabber.
Lynas Q report will once a gain make an absolute mockery of your nonsense dude.
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Price($) | Vol. | No. |
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