LYC 2.56% $6.10 lynas rare earths limited

Ann: Quarterly Activities Report, page-7

  1. 153 Posts.
    lightbulb Created with Sketch. 487
    Ouch... Negative cashflow quarter on operating expenses alone.
    This needs to settle out a bit, but curious to see what Lynas cost of production is now and at what Nd Pr price they become break even.

    Hopefully this should be the end of large Capex expenses, and the company can start to rebuild its cash kitty.

    Amanda has done a great job today, but time to focus on core operations, managing costs, and producing a profit and dividends for share holders after all these long years.

 
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