Vorhetta the ambiguity lies in, increase from what and by how...

Vorhetta the ambiguity lies in, increase from what and by how much? March qtr was 1089 t and April month was 700t by itself. Now is the increase on 1089t for a qtr and by how much keeping in mind April makes up 70% already. If the June qtr was 2100t + then its a good result if its 1089t + but less than 2100t then its not a good result. My feeling is that if it were more than 2100t we would have been told.

By now everyone involved with Lynas should know how to read the reports they release. Good news or where they want money exact figures with a clear message of success. Bad news vague, lacking detail, important stuff like production numbers left out or half way though the announcement. This is common behaviour and consistent to Lynas management.

The relocation stuff is good news for cost saving but it is window dressing to the bigger issue of actually making product to sell. This in not downramping it is being a realist and reading and observing what management do and say. They are telling us by not telling us.

If you do well in business you tell all that will listen it is human nature, if you do poorly you blame others make excuses and try and flash up the minor success that you did have. I hold LYC but at this stage I equate it to going to Crown Casino, I am prepared to lose it and any gain will be exciting and unexpected.