Ongoing problems and far away from Phase 1 production, with Phase 2 even further away. Not to mention the possible need to raise capital on the horizon.
Its the same old story and all very sad for long suffering shareholders hopeful that Lynas had its act together and turned the corner.
In hindsight, the clue to bail out followed the Director, Nicholas Curtis selling 2,850,000 shares last month at less than 27 cents a share.
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