do you really think they will make it to see the end of Q1
even the auditor has doubts about LYC continuing as a going concern, with this from the auditors comments in 30 June 2016 financials:-
Emphasis of matter
............ we draw attention to Note 2.2 in the financial report which describes the principal conditions that raise doubt about the entity’s ability to continue as a going concern.
These conditions indicate the existence of a material uncertainty that may cast significant doubt about the company’s ability to continue as a going concern and therefore, the company may be unable to realise its assets and discharge its liabilities in the normal course of business.
Sentiment: Strong Sell
Seriously I can't see that there is any rush to buy this dog of a stock, but based on what the auditor has said there does appear good reason to be concerned about the future of Lynas
This is not intended as investment advice, I am simply stating the obvious
Q1 production, page-3
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