LYC 2.06% $7.94 lynas rare earths limited

Ann: Quarterly Activities Report, page-5

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  1. 999 Posts.
    lightbulb Created with Sketch. 2257
    Wow, smashed my 'lofty' predictions..

    $328m in revenue, likely profit margin minimum 55%, meaning profit for the quarter is around $180m(!). Times that by 4 and we are at a run rate of ~$720m per annum.

    And still a long way to go to reach capacity production..
 
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