LYC 2.36% $6.06 lynas rare earths limited

@bisumisuIf we don't sell product we will need a credit raising...

  1. 5,301 Posts.
    @bisumisu

    If we don't sell product we will need a credit raising is my point. As we won't of sold any or bugger all this quarter we won't know how far away that time is.

    If Rees continue to rebound and we start ramping up in this quarter to meet demand and contracts then it may never be required. Until that happens a CR is in my opinion only a matter of time.

    Funny how everyone keeps talking about shorts covering and such. What will cause that is signed contracts and ramping up production and sales. And guess what a ramp up in production will be announced. That would also cause the likes of JPM and others to start buying instead of churning. It's in there interest to keep the sp low in case there is a CR. then they get more for less!!!
    All my opinion only.
 
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