LYC 3.39% $7.02 lynas rare earths limited

current financials...

  1. 1,270 Posts.
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    While we watch and wait on a pot that doesn't seem to want to boil, I just reviewed the financial situation to see just how long we really can wait for this news. I know it's kinda boring but it does look promising…



    Quite simply, with a estimated quarterly cash burn of ~$160m it will be a couple of quarters before we need another trip to the well. I guess the fact that phase 2 is still under construction means confidence runs high…
 
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