LYC 0.07% $6.80 lynas rare earths limited

The reporting week ahead, page-11

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    These are my predictions for June quarter: only predictions, not facts.
    Production for April 709t, has been confirmed in previous announcement.
    May 850t ( EN said, production is trending fast, AL bottlenecks, but further increases in production and sales).
    June 916t ( nameplate run rate of 11,000t ).
    July 916t ( consistant production at nameplate).

    Cashflow positive for the first time ( further increases in sales, cost cutting , favourable mix of products, premium price for Lynas products(polishing circuit at nameplate).

    Successful refinance of the debts with Nomura.

    Lynas is working hard to increase production using phase two as well ( encouraged by demand from our Japanese customers).

    Share price after the news is predicted around 30c.

    I will also write a post after the release of June quarter congratulating all lynas holders.

    I am not scared to call it now and that is a reflection of how confident I am in Lynas.

    My next post will be after the release on the news.

    Good luck to all Lynas loyalists.

    DYOR. My own predictions, opinions and thoughts. I could be wrong or I could be right. We shall see.
 
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