Ann: Suspension from Official Quotation , page-41

These guys will do a capital raising. With or without the facility they need more cash to ensure they get construction through to completion, to commission it, and to ramp up production. Every time it is delayed costs additional capital. The Director’s have been less than truthful in their announcements. You only need to go back 4 months to find there was no problems with cash at bank, facilities etc – enough to get Lynas all the way through construction and to positive cash flow. And suddenly, here we are, suspended, without any real knowledge of why we are – other than the capital that we were told is not a problem evidently has an amount of problems. The issue is the extent of those problems.
Effectively we have already concluded a cap raising with the $30M facility. My suspicion is that it is not enough, or that they are trying to achieve it at a better price, or both. And really, the only reason we would be suspended and not trading is because they are endeavoring to finalise the terms of the capital raising.
Regardless, shareholders have not been told the truth. Guilt by omission.
And, to a previous poster, you are correct – I referred to a drawdown which is probably not the most correct terminology – I should have just referred to project commencement – when they first gave the project go ahead, it was to be in China, not Malaysia.