Who shut down Lynas., page-59

Ok uncle. I thought it was a brilliant move shutting down and blaming it on virus thus saving money when prices were low and falling, withdrawing supply to help support prices. This is used by many industries from Auto to Whisky and there are lots of companies blaming the virus right now WW. Some it is true, other a convenient excuse. So it amazes me that many who complained the loudest never offer any guesses of their own especially Aus. Guess he has no faith in his ideas. So as AL said there was 232 tons of Nd Pr in inventory end of Q4 Page 1 Q4 report. As Aus pointed out there was a Reduction in all REO of 136 tons in Q3 this was after a reduction in REO of 260 tons in Q1 an add of 85 tons of REO in Q2. So I will leave it to you all to figure out how much Inventory can help Q4. So what do you all think Q4 cash flow and production will look like. How much will profits be down for year from the 80 M they made last year. My guess even if they start next Monday profits will be negative. Note I said 80 Mil I know that that includes JARE loan forgiveness but except mention by auditor Lynas never brought it out except deep in notes. So I will follow Lynas lead and use 80M though I am sure they will mention multiple times now with a loss in 2020 that Operationally the profits in 2019 were much less than 80 M everyone cheered last year, about 50% less. I said at time of report that this including loan forgiveness with profits could really blow up in their face unless they make close to that in 2020 Now we will see what the damage will be in August. What do you all think this will mean NPAT 19M H1 2019, NPAT 2019 80M NPAT H1 2020 3.9M NPAT 2020 negative maybe allot. Now EBIT&DA will look a little better but on a % basis one will be down more than NPAT and one has a good chance of going negative on a cash basis. Do you know which ones might do each. Now how will the market react to this 24 month trend?