ausheds, you say I am naïve, however the fact is you kept up your naivety and you have been / are exposed every time Lynas has reported their profit loss results.
That's over 5 years of naivety on your part by my calculations
Lynas is not viable, that means any increase in production to sell more to supply the likes of Siemens will only increase the reported losses
Now why would you produce more to be able to sell more product at a loss ... ?
I think Ben Kramer-Miller worked it out ....
it is appearing more and more as if Lynas is being run for the benefit of its REE-hungry creditors than for the benefit of its shareholders, and at some point, management will be forced to make decisions (if it hasn't been already) that are not in the best financial interest of the company, but which are in the best interest of Japanese REE consumers
http://seekingalpha.com/article/3979573-lynas-misses-debt-payments-back-red
Sentiment: Strong Sell
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ausheds, you say I am naïve, however the fact is you kept up...
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