"Some here would much prefer to speculate than believe what Lynas has said. Of course Lynas is partly to blame missing guidance and experiencing holdups in the past."
You said it yourself.
Except Lynas is mostly to blame as it releases guidance with the pie in the sky figures that are not being met.
Yes Jan trust everything management has to say and follow their guidance blindly while they are dumping their shares and saying it will be alright in future if you just give us some more money to tide us over till profitability.
You do realize their hand has been out for over three years Jan.
What do you propose will happen after they burn through the 40 million this quarter.
They are still not at profitable production and sales volumes so it will be hands out again for funding to startup Phase two to make the company profitable.
Yeah Right.
Jan are you making an assertion that they will make over 40 million in profit this quarter in their cashflow neutral state of operating ?
If they don't you know the story.
LYC Price at posting:
12.0¢ Sentiment: None Disclosure: Held
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