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With all the talk of a Capital Raising I thought it important to remind everyone that only a few short months ago Lynas auditors said:-
Troubled rare earths producer Lynas Corp has warned it may not be able to repay its lenders – even after it rescheduled some loan repayments until next year.
The company's auditor has also warned of "significant doubt" about the survival of the company
Read more: http://www.smh.com.au/business/lynas-warns-of-uncertain-survival-prospects-20150313-1434by.html#ixzz3gYfHrbbz
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lynas rare earths limited
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Lynas warns - uncertain of survival
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Dr Michael Thurn, CEO & MD
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