Actual 3 years Should be the spread unless They slip schedules. Now with over 900 M shares even 0.25 dividend which is only 3 % Yet it would remove 225 AUD a year from cash flow. Rember the discussion was about paying dividends not if they have sufficient cash to operate. They will do fine if no dividend is pay. Evey one shouted that almost all of the NdPr price increases went right to the bottom line. Now that they are going down, they seem to forget it works both ways. In conclusion Lynas will have good cash flow if they don't pay dividends. If they pay a dividend of more than 1 or 2% they could run into problems quickly 1 or 2 % is not significant with world wide interest rates heading toward 5% probably higher. So why bother.
JMO but a good balance sheet will do more for LYC price than a very small dividend.
With China making about 80% of REE and Lynas 20% could you tell me when and how you expect this to happen? I will be happy if we can just get China down to 70% by 2030 . do not forget how fast the market is growing Even AL has said with out more expansion Lynas is losing ground from a % basis. As far as dumping product to hurt other REE vendors I bring your attention to these articles do you have facts that dispute them? seems to me they are trying to stabilize them. They did raise Quotas but it is unclear if that product will be produced at these prices In fact China has dropped production as prices have declined
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