Well, it wasn't a good quarterly! As suggested, Nd/Pr production fell for the quarter. Total production fell for the quarter. The ASP fell for the quarter. Sales volume was up 15% but revenue only 7.5%, so in spite of higher prices for the Nd/Pr the prices for La/Ce must have fallen substantially.
It being a not good result isn't a reflection on management's efforts, it's symptomatic of the market conditions.
Why are you sounding off at me? Here is the post that got it totally wrong:
"What a load of crap. How on earth would you be certain. Not being a cash cashflow positive is against the market expectation and the progress that has been made over the past few quarters. Being cashflow negative is a material-sensitive information and the company is legally bound to inform ASX and the market." #16739318
Once again, sydney accuses Lynas management of acting illegally. As well as being completely wrong.
Ann: Quarterly Activities Report, page-39
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