LYC 1.30% $6.25 lynas rare earths limited

??halfway through our sin bin time, page-4

  1. 2,364 Posts.
    Agree RVR although I'd make 2 criticisms.
    The first and most important is the sin-bin's timing. To claim it's half over is to predict another 2 years of low SP. Assuming production near nameplate for the 1st quarter and positive cashflow this quarter or next I expect a turnaround much faster than that.
    Second, the cost overruns appear massively overstated by including the phase 2 expansion at both Mt Weld and the LAMP.
 
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