LYC 2.86% $6.11 lynas rare earths limited

Ann: Trading Halt-LYC.AX, page-22

  1. 6,217 Posts.
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    "Sources said Lynas' successful operational turnaround, orchestrated by chief executive Amanda Lacaze who moved to Lynas from Telstra in 2014, had helped secure the ongoing cooperation of the company's lenders."

    That's the very last statement from the AFR article and the only one that mentions "sources". It is a very positive statement, but subtle enough to make me think it is genuine. If the article were written as a pump piece, they would have led with this sentiment and blown it up - could have been put in a subtitle, even.

    Seen that way, it lends support to Luis' (et al) position that MtK is wanting to be there for the "mid-term" [or] "until full value is realized" and is not intending to exit ASAP.

    Thin stuff, admittedly.
    Last edited by Chemist1959: 25/10/16
 
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