why is the big focus on profit? Its seems unrealistic to me to expect a king kong profit after starting from scratch 3 years ago and only turn the freakin thing on 4 months ago???
Show me an industrial company that has made a huge profit in the first 12month of operation including ramp up phase.
FMG are going broke at $90 t for iron ore but they are still cool right? They are worth something, please.
It seems to be about future earnings when its suits the argument.
Fields of gold disappeared when that TOL got suspended in Feb 12.
Now we are just a normal company starting ramp up in the middle of down turn.
As long as LYNAS can pay their bills that all that should matter for the rest of this year.
Then the rest will take care of itself. Most of the down rampers know this
LYC Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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