it's time to go long, page-17

Jeez, I reckon you'd need the stars perfectly aligned to get cashflow numbers and margins as per Orwell's opening post. Wouldn't the company be toot-tooting all over the media under such a scenario? It is normal for miners / industrialists to give fairly precise forecasts to the analysts when they are available. But all we get from Lynas are ambiguously vague uncertainties (is there a stronger way to say that?). The decision to hold-off phase 2 may indicate that margins for the foreseeable future are very slim or negative, and phase 1 needs a fair bit of bedding down (as we have seen thus far).

As is often the case, there is more to be read into what is not being said, than what is being said. And the silent words nearly always tend to favour disappointment. Cap raise before the year is out, IMO. Stop loss on the shorts sits at 41c. Maybe the cheer-squad has enough ammo to get shorts covered from this low base.