"Lynas are very much in the genesis of building an asset base capable of generating profit in an industry where there are no precedents, or safety rails."
Yes, that's right - they're sailing such uncharted waters that none of the expertise harnessed from Rhodia which has been in business for yonks and whose RE section contributes 42% of profit to its Advanced Materials operations counts for much.
With the supposed wealth of technical know how, specialist chem & engineering talent at Lynas' disposal, the only thing they could possibly be lacking is competent executive guidance to steer the ship.
Elephant in the room, boys & girls...
More apologists, more 'well they're building something never tried before' or this is so groundbreaking that there is no road map' - just what management needs to hear to smokescreen their total lack of performance and appalling lack of reporting to date - whilst being rewarded royally on this gravy train paid for by us all...
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