LYC 2.03% $6.74 lynas rare earths limited

Lynas warns - uncertain of survival

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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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