lynas liability management

There has been a lot of frustration directed towards Lynas management, however there are some very good legal reasons for the lack of communication. The company is at a critical juncture, whereby the LAMP is yet to generate full scale production, however the cash flow position of the company is becoming more challenging. Lynas management are therefore taking a conservative stance with regards to communication, because there is a lot to lose from communicating the wrong message to investors at this stage. Furthermore until Lynas management have absolute clarity on the position of LAMP (which they have yet to demonstrate) then we are not going to receive any meaningful communication from the company. Once management have confirmed that all of the LAMP issues are behind us we will hear from them, until such time we must wait for ALL of the issues to be resolved.