Production will be 70% of NEXT capacity of which some will be to replenish stocks. That sounds to me like quite low sales this quarter if they are only selling part of 70%.
I wouldn't be surprised to see a capital raising proposed before the next AGM to finance all the future growth plans.
Still confident that they are on the right track long term, but can see a bit of dilution ahead.
I am taking a breather for a while and moving over to some dividend stocks till the dust settles. I will renter further down the track, possibly at any potential capital raising.
Good luck to all.
Ann: Lynas Malaysia Plant Restarting Today, page-2
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