todays chart, page-298

You read as a charlatan CJ, any with any business acumen understand successful business leverage debt, they can generate greater margin than the coupon, time your purchases so can the average punter on market, TLS from $2.60 to $6.00 was free carried, thank yer muther fer the rabbits.

"more dilution in 2020" is utter nonsense, scary bedtime story, what sort of earnings do you think Lynas would need 2020 to roll over US$200?

Any with the vaguest concept this business would understand the 15ktpa Japanese NdFeB industry is going to be almost totally dependent Lynas NdPr by 2020, and how many $T downstream, auto, robotics, etc?

By any chance you noticed 16% CAGR NdFeB past 2yrs, and sustaining YTD?

Far more likely Lynas will RAISE CapEx to leverage established business WAY ahead of the pack, rather than any issue rolling $200M 2020, one potential upside converting MtK/F to equity.

Do you understand CJ no other ROW will produce NdPr at scale this decade, and likely well into next? Pity you didn't sit in on the round table San Diego with BOSE global PO magnetics, one very nervous lady, already, dependent 3 Chinese mag makers.