LYC 1.05% $7.69 lynas rare earths limited

4 million roadblock @ .28, page-16

  1. 2,364 Posts.
    Fact Check

    Champers: "The company has stated that they will not achieve nameplate capacity by June 14 the Q2" is incorrect.

    Here's the quote: "While the Company remains focused on producing 11,000tpa REO from Phase 1, there may be a delay in achieving that run rate until the June quarter.".

    There are 3 differences in meaning:
    - Lynas stated there MAY be a delay in nameplate till the June quarter.
    - The June quarter starts in April.
    - They haven't stated any date at which they will NOT have reached nameplate.
 
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