December 12 2014
"Lynas confirms that it's current cash balance is in excess of $A60 million"
What expenditure between the 12th and 31st December would equate to a $A20 million + reduction as suggested?
Projected costs around $A50 million for the quarter, quarterly sales $A30 -$A40 million? Monthly shortfall for remaining 19 days of December.... Certainly not $A20 million.
My guess is that cash balance will be around $A58 million.
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