The report looks very good when compared to previous quarters
BUT
The thing is for holders like me that don't spend a lot of time looking at Lynas as their SP trend has been very good over the past year what is missing is how they are performing to their budgets/targets. In the quarterly report the trend for production, sales, profit etc all look good on face value but there isn't any transparency in terms of whether that meets the Lynas targets for those key areas. Do Lynas even publish those targets because when companies show how they are going to their targets it gives a much better picture of their performance? I don't think it should be up to holders to dig around into other announcements to find their targets and then look at the latest quarterly to work it out for themselves. That could explain the market reaction to the announcement. Just saying...
Lynas in general looks well managed to me and has a very positive future. I wish I bought more earlier.
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Ann: Quarterly Activities Report, page-81
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