Well, I guess if a holder was worried then they would have sold
LYC holders are, generally, such an evangelical bunch of believers that they could announce 1/4 production of under 2kt and there would still be the happy folks saying what a great company it is and all those future usages for REE that may make it a $5b business one day.
What we need;
Consistent production at over 11kt, assuming BE is about 9kt.
Clarity on the Sojitz loan - especially if the new rate is over 10% - ouch.
A 2 year plan as to how they will raise the cash to pay back $450m in 2 years time.
The POL
Some clarity over expected cash flows for the next year so we can see how the expenditure is planned.
Why do you think the instos in general have washed their hands of LYC?
Lynas will not publish an operation update, page-14
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |