dolfy : How long did it take to complete LAMP 100% ?
How long ago before it actually started working ?
"Hi tech plant don't have warranty" ,
Hi tech plant also have hi expectation which i believe was not met in Lamp case ?
what is a reasonable time to sort out the "teething problems" ?
"the problem was the abrasive mixing and baking."
Are the shareholders meant to be scientist ? I heard that initially the problem was the linings, then we heard it was clogging of the pipes.
Good thing this is not brain surgery .
"The problems are fixed," is this how you read what Amanda had to say about Kilns of ph 1 and 2 ? If so did it cost 190million to fix the problem of Ph 1 ?
The problems of Lamp got nothing to do with GFC, the problems existed during the Malaysian election time ,but never admitted by Lynas as this would have given SMSL more fuel for the fire.
I however agree "The fundamentals are still there "
My doubts is whether the company will survive under current management ,and whether RETAIL shareholder ever see a significant gain .
Don t worry it is only my opinion . Your money your risk if you want to buy or hold indefinitely.
Ann: Annual Report to shareholders, page-26
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Last
$7.34 |
Change
-0.260(3.42%) |
Mkt cap ! $6.860B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.30 | $32.37M | 4.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84497 | $7.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 23514 | 2 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |