LYC 0.58% $6.88 lynas rare earths limited

70% chance of bankruptcy, page-6

  1. SRV
    3,252 Posts.
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    I doubt very much that govt would be willing to support any management in this case.

    Why would they - management has already proved their worth in steering Lynas onto every conceivable rock possible over the last 3 years.

    It also looks like Amanda learned everything she needed to from Old Nick - at least as far as juggling the numbers to justify squeezing shareholders' pips for their own hefty - and entirely unjustifiable - remuneration.
 
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