LYC 1.35% $5.83 lynas rare earths limited

Ann: Quarterly Activities Report, page-5

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    Shitty time for production to get reduced because of maintenance and inspections. Will have cost many millions in lost revenue during a time of high prices.
    Thought the planned inspections were due Q3 but obviously Q2 and 3.
    Good report, solid, should see a half year profit. And another $7-8m will go to JARE through the cash sweep I guess.
    Last edited by DoubleDown!: 23/01/18
 
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