Well, it wasn't a good quarterly! As suggested, Nd/Pr production fell for the quarter. Total production fell for the quarter. The ASP fell for the quarter. Sales volume was up 15% but revenue only 7.5%, so in spite of higher prices for the Nd/Pr the prices for La/Ce must have fallen substantially.
It being a not good result isn't a reflection on management's efforts, it's symptomatic of the market conditions.
Why are you sounding off at me? Here is the post that got it totally wrong:
"What a load of crap. How on earth would you be certain. Not being a cash cashflow positive is against the market expectation and the progress that has been made over the past few quarters. Being cashflow negative is a material-sensitive information and the company is legally bound to inform ASX and the market." #16739318
Once again, sydney accuses Lynas management of acting illegally. As well as being completely wrong.
Ann: Quarterly Activities Report, page-39
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.82 |
Change
-0.075(0.95%) |
Mkt cap ! $7.309B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.87 | $7.77 | $1.937M | 247.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 3747 | $7.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.82 | 2653 | 29 |
View Market Depth
| Last trade - 11.15am 02/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |