LYC 0.66% $6.06 lynas rare earths limited

Ann: Malaysian Operating Licence Update, page-33

  1. 996 Posts.
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    In light of this news, I think we will a) beat last Q on revenue basis, and likely b) be over Au$500m for H2FY23.

    I would assume we will run at or close to NEXT rate this quarter (1,800t NdPr) plus release some of our inventory (current inventory probably >Au$150m). I'll provide 'guidance' as I get numbers, but if my assumptions are right I believe H2 profit will surprise (to the upside).
 
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