LYC 2.86% $6.11 lynas rare earths limited

2 days to go, page-27

  1. 8,917 Posts.
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    'LYC are ramping up that and that all that matters. If they weren't they will have to report it.'

    You may want to check the disclosure rules. My understanding is that an ANN is only required if the impact on profits is material - I think 10% variance is the accepted norm.

    As LYC are not currently in a full production / sales mode, then they could argue that they could not reasonably be held to a disclosure for an ongoing issue, especially when it is expected in a ramp up of a new process?
 
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