Lynas has $205M, they intend to spend $95M in the next quarter, so they will have $110M left.
Their non-development outflows are estimated to be $31M for the next quarter (one assumes that cost saving achieved from running the plant in maintenance mode are factored in), so if that held, they would be left with $79M. $79M is not a sufficient reserve for Lynas, particularly if they envisage operating at fully capacity anytime soon.
Equity raising.
Ann: Quarterly Cashflow Report , page-22
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |