LYC lynas rare earths limited

Ann: Date of Quarterly Report and Briefing, page-5

  1. 8,411 Posts.
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    one last comment your revenue is correct for Q2 at $202M AUD but Q 3 was $327M and Q4 $294M. You said

    Potentially 3rd be(st Q ever currently title held by Q2FY22: $203m) despite limping along on one leg, and one arm tied behind our backs..

    A Strange way of saying it. Now i am sure AL will make many YOY comparisons with Q1 2022 which will look great. Q1 was $185.9. To me groth would be the average of Q3 and Q4 which would be $310 or maybe even a stretch to 1/4 of year 230.

    Did you notice that even in Q3 (best production Q ever) they made 4945 of REEO total and 1678 of NdPr. If you are going to use Next rates you should realy justify your reasons. 5 years since NEXT was complete and excepting Q3 2022 they have never broken 1600 T of NdPr year, you kept assuming it is easy. Yes there have been problems but if it was as automatic as you clam should they not have achieved at least 1750 in one of those 18 Qs? Next is 1800T

 
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