From the announcement on 28 Feb 2017:
Update as at February 28, 2017
As noted in the Quarterly Report that was released on January 24, 2017, Lynas is now producing NdPr at design rates. In addition, in recent weeks, there have been some signs of improving trends in published market prices for NdPr. For the quarter ending December 31, 2016, the company reported positive operating cashflow of A$5.0 million despite continued low prices for Rare Earth products. If the improving trends mentioned above continue, the company currently expects its trend of improving results to continue in the quarter ending March 31, 2017.
Q3 looks set to improve on Q2 $5m positive operating cashflow.
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- Ann: Receipt of Funds and Appendix 3B
Ann: Receipt of Funds and Appendix 3B, page-9
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