"The trend-line down for the AU$ is a positive albeit with $400m loans in US$, as these could be refinanced into AU$ loans once solid profits are being booked" - cafa
Hi cafa,
Early as usual ya.
1. You see AU$ possibly down to what level?
2. If Lynas can book solid profits, why would it need to refinance, leave aside expansionary & so on? Seems like this is a cafa clone, hehe.
"The trend-line down for the AU$ is a positive albeit with $400m...
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