LYC 1.15% $7.71 lynas rare earths limited

lacklustre demand for Pr/Nd, page-48

  1. 7,651 Posts.
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    Downramppers post false information please tell me what I said that was false. Is the delta between Accounts Receivable and payable not what I said? Was not cash flow negative for both free cash and restrictive cash negative in Q4 cash flow report? Don't you consider the Cash flow report far more important than the Activities report with it's summaries. Do you think it is correct for amanda to use a non standard definition so she can say its positive. Have they not been receiving prepayments. Look at Equity in this company it is disappearing fast.
    2013 Equity $ 629 M
    2014 Equity $302M this includes issuing shares and options raising $40M
    2015 Equity $ 183M this includes issuing shares raising $77.3 M
    2016 ????? My guess $8m What yours?
    My guess Equity goes negative between Sept and Nov 2016. Without some sort of bail out.

    Do you understand some of the ramifications of a company having negative equity.
 
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