"ongoing failure to execute"Elephant in the room there...

"ongoing failure to execute"

Elephant in the room there ausheds...

You could've preceded with the words 'ongoing', 'serial' or 'systemic' mate - say it like it is and maybe, just maybe management might get the message.

On the other hand there's nothing like a top-down boardroom cull instigated by major shareholders to wake people up to their responsibilities.

Lynas' global market position (if indeed it is ever to achieve one of significance) could be a PR sledgehammer. Instead it's wielded like a damp toothpick - we already know how effective LYC's communications to the market & its s'holders are.

The problem is - and we're reaching a serious crisis point now (nameplate, production, credit, available cash reserves etc) - is that the excuse of 'market conditions' will not hold up forever - you can either run a business or you can't.

As I've maintained for the last 18 mths, that's when the usual proxy banking suits will arrive with a chequebook and buy the company for a pittance - or that's what I strongly expect anyway...

Profits are sanity - but a hope & a promise are pure vanity...