LYC lynas rare earths limited

Lynas open to offers - Takeover or Merger, page-4

  1. 2,317 Posts.
    You forgot to add this part of the article :-

    The important point with the restructure is that repayment has been pushed out another two years. It is clear that Lacaze has begun to turn Lynas around, reducing debt and – interestingly – finding markets outside China for both its lanthanium and cerium as well as the neodymium-praseodymium product. This will be important if the Chinese economy and the yuan value unwinds. On top of that Lynas has cut its operational costs substantially. The unfolding currency crisis in Asia may also be of benefit, with Lacaze making the point that the Malaysian ringgit has lost 24% of its value against the greenback since this time last year; the Australian dollar has lost 22%. And Lynas makes most of its sales in U.S. dollars while its costs at the Mt Weld mine and at its Malaysian processing operation are in the Australian and Malaysian currencies. Still, things will need to continue to improve by 2018 when that debt is due. - See more at: http://investorintel.com/technology...t-in-takeover-or-merger/#sthash.PznboX5G.dpuf
 
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(20min delay)
Last
$8.14
Change
-0.130(1.57%)
Mkt cap ! $7.614B
Open High Low Value Volume
$8.33 $8.34 $8.10 $16.67M 2.043M

Buyers (Bids)

No. Vol. Price($)
1 5000 $8.11
 

Sellers (Offers)

Price($) Vol. No.
$8.15 33485 4
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Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
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