LYC lynas rare earths limited

four statements made by the ceo and c/man lyc, page-6

  1. 5,436 Posts.
    antibotter ,TU
    With ref to yesterdays announcement , Why is it so hard for Eric or NC to confirm that "target production" has been achieved?
    That s all i need to know as a retail investor.
    You stated
    "11 KTPA REO rate for the first calender quarter of 2014"

    " I assume from this information and that of yesterdays - Lynas will achieve production of 2750 tons of rare earth product by March 2014 "
    Fair assumption antibotter.

    Rate of 11KTPA REO equates to 2.75 KTPA REO.

    OR , CAN THEY ARGUE THAT 11KTPA REO rate is the average rate for the year not the first quarter ? So they already covered their rrr for the next announcement.


 
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$9.67
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