Of course, here much depends on the REE prices. But consider...

Of course, here much depends on the REE prices. But consider that, for example, NdPr production will increase sensibly and, so, the production revenues minus production costs figure will also increase greatly. Hence, from today, we can say that, OPERATIONALLY, LYC business is profitable and this is already a huge step for Lynas, I believe. Then no doubt that, FINANCIALLY, Lynas is still in troubles, but, considering the recent creditors support and the good management in the last quarters (costs been reduced sensibly), there are some reasons to be optimistic. Indeed, when a business is generating cash (even if in smaller quantity), it is surely easier to get new fresh funds from banks than when production is at loss. IMO