LYC 0.00% $6.40 lynas rare earths limited

December 12 2014 "Lynas confirms that it's current cash balance...

  1. 293 Posts.
    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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