Yep, and Lynas has revenue, and it's growing quickly, and a developed asset base. I'd suggest they are now at a point that they can service debt comfortably, should prove out over the next couple of Q's.
That's a VERY distinct difference to a company like NTU who's only "revenue" is milking taxpayers via R&D grants each year, and no prospects to create revenue for years, if ever. Only way they can service debt is dilution, or even more onerous debt.
Lynas is now easily generating sufficient income to service annual interest, do you even know how much it is?
AL, page-67
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15037 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 38814 | 10 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |