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09:32
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Originally posted by ContraryJ
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Before you tell me about broker or analyst predictions. Please give their name. Also I would only listen to an analyst that has at least one correct call on Lynas in the last 3 years so give link to that call. Per usual an unnamed source with your key data.th that makes you think they can do even 50% of the bonds by Sept 2020? Please show me where I am off base. If they only do 200M by June of next year then the equation is 3.2B in 28 months. = 114M a month. I am not saying it won’t happen there is a chance. Darn if I would say it even has a 50% chance.With expenses and risk it is not a gift horse if stock is not over 15C. Lynas will need to do very well in the next 12 months to let MTK do 1B shares and SP stay over 12C. If Q1 does not have 5M in P&L earnings what do you think the chance of a billion shares are by June 2018 Is?
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Rubbish, as usual, who said the stock converted from bonds needed to be sold?
(20min delay)