Something that IS worth discussing is the newly released Annual Report:
https://www.asx.com.au/asxpdf/20201006/pdf/44ncr2ms24rygv.pdf
Couple of bottom-line comments from the chair:
- Cash flows from operating activities continued to be positive and have allowed the Group to invest in expansion activities and reduce debt. Positive operational cash flows over the past 3 years have exceeded $270m, excluding costs associated with the discharge of rehabilitation obligations relating to residue disposal in Malaysia.
- Lynas recorded an EBITDA of $59.8m for the year (FY19: $100.7m), which was heavily influenced by the 6 week temporary shutdown of the Lynas Malaysia plant from late March 2020 to early May 2020, in accordance with the Malaysian government’s COVID-19 Movement Control Order
IMO those are pretty good numbers in the circumstances.
Annual Report 2020
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