LYC 0.29% $6.92 lynas rare earths limited

Dancing - that is a tough one. We have no visibility as to how...

  1. 8,917 Posts.
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    Dancing - that is a tough one. We have no visibility as to how much they have spent on transfer HO to Malaysia, and the 'improvements'. If the 20% that AL referred to impacted the whole 1/4 then sales could be anywhere from $24m to $35m, even with some increase in volumes.

    With the expected outflows, and earmarking for the Sojitz payments due early 15, then the free cash balance could be under $40m assuming all the improvement cash has been expended.

    Not long now to find out.

    Post # 2.
 
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