LYC 0.00% $6.40 lynas rare earths limited

AL Interview, page-14

  1. 19,584 Posts.
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    No Goofy, appears the volume targets have been pushed back again, but the "profit targets", if you like, have been raised.
    AL is looking to improve the profitability at lower levels then move to the 11ktpa runrate, rather than the otherway around. Less input costs, greater revenue. Should then allow them to move thru the 11ktpa rate at something approaching optimum profitability.
    After having nameplate/11ktpa established as THE target PITA to have it pushed back yet again but I think the QR will detail how AL has actually changed the target emphasis.
 
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