LYC 2.81% $6.23 lynas rare earths limited

iaquinta,So what you are saying is: With construction for phase...

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    iaquinta,

    So what you are saying is:

    With construction for phase 1 essentially complete, the quarterly operating costs of $18.181m against the remaining unrestricted cash of $124.3m means enough at this cash burn rate for roughly 7 ($124.3m/$18.181m) quarters.

    i.e. no necessity for Cap raising needed before early 2014.

    Is that your interpretation?
 
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