LYC 2.56% $6.10 lynas rare earths limited

lynas corp not to pay fy 2011 final dividend, page-22

  1. 132 Posts.
    I thought a greater concern for companies and share holders would have been the availability of funds or credit to ensure operation (eg. exploration or construction), So I don't know how the other RE potentials are positioned but my understanding is that LYC is spending money on building the LAMP and we've got enough funds to see the business move into production and that what will be produced has customers lined up for it.
    THat doesnt mean i happy about the current share price however I feel that running out of money at this stage is more catastrophic than delays in approval and devlopment of management plans and systems (environmental compliance etc)
    Hang in there folks unless you think that LYC wont go to production stage - Are there that many that know or think that? Cos there's an equal amount of those that who bought that have faith in LYC.
 
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$6.10
Change
-0.160(2.56%)
Mkt cap ! $5.701B
Open High Low Value Volume
$6.14 $6.16 $6.02 $31.69M 5.119M

Buyers (Bids)

No. Vol. Price($)
1 23252 $6.09
 

Sellers (Offers)

Price($) Vol. No.
$6.10 23221 2
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