LYC 1.30% $6.25 lynas rare earths limited

shorters still trying to create uncertainty , page-8

  1. 5,455 Posts.
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    rru2s, don't forget that when Lynas originally made the plans to set up is Malaysia the basket price was more or less half of what it is now, so the basket price can drof further and not be a worry. Don't remember exactly and can't be bothered to check right now so someone feel free to correct me

    Saying they will hardly be profitable at levels more than 100% over the base case see.s a bit far fetched. By implicaction you are saying when they laid their plans they were planning to loose money?...
 
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