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clock Created with Sketch. 14/08/17
11:50
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Originally posted by jm69
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My my how some things change, yet other things don't. Post is from late 2014. LYC is around, removed the total dead weights at the top, employed a very talented female CEO who made some very hard & tactical decisions and on it's way to making some serious profits and paying off debts albeit with share holder dilution. Time will tell how successful it will be.
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Yea, LYC doing much better than expected. They managed to swap a large chunk of debt for equity to give themselves some breathing space. In the meantime, the price of rare earths shot up, to make the company profitable.
(20min delay)