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clock Created with Sketch. 19/11/16
11:08
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Originally posted by ContraryJ
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Lynas will do well Q3 and Q4 for sure. That’s why I am buying. Q2 will be so so. Maybe negative total cash flow, it depends how much clean up Amanda does on accounts payable. Barely positive earnings. This is not a negative prediction, it is positive. AL has told us repeatedly that almost all product is now under contract. This introduces a 4 to 6 month lag in REE prices rises hitting the bottom line. Prices dropped in August and started rising nicely in Late October Most of the product shipped in Q2 may actually be based on lower prices than Q1. It is a little hard to tell because the sales contracts are new and we have not seen enough to know lag length. Also things Like SX5 line really confuse things.
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Man, you are one huge windbag.
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