just one more comment. If CAP X was not recorded as an asset in 2024 SAR Lynas would have been in the red for H1. if you followed what i showed above you should now be able to verify this. 430M - 39 M would have put them in red by 390M There are a few other things involved and I do not want to take the time to calculate them. Lynas does not break all of them out. "Property, plant and equipment+ 2023 AR 1.29 M SAR 1.72 = 430M asset increase. I have no problem with this works there is nothing wrong just some people need to know how to read a balance sheet. High CAP X helps short term profits and hurts long term profits. Just the opposite of what you claimed.
We can never be sure what future will look like but for those that take time to understand the present it makes our guesses far more accurate. I will still stick with SP less than $5.00 2 weeks after AR Mid September probably. I will change this after the Q3 and Q 4 report and explain why.
LYC Price at posting:
$5.69 Sentiment: Sell Disclosure: Not Held
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