LYC 0.00% $6.40 lynas rare earths limited

Something is Wrong, page-19

  1. 1,503 Posts.
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    I do not think FX is going to be a big deal, you only need to book the FX gain/loss to the P&L for current payables of recievables and with only US$ 2 mill due within 12 months of balance date (30June) it will be a few hundred thousand at most. The FX on assets never goes to the P&L , always stays in the BS.

    Adds time analyse YOY comparisons when you are dealing in multiple currencies on consolidation that have had big chanes in the FX rates.
 
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