LYC 0.00% $6.40 lynas rare earths limited

Something is Wrong, page-16

  1. 1,503 Posts.
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    I think it is a fair statement to say they made a loss before one offs because it is true.

    I have no problem with throwing in a figure for a PBT loss for the year. First half was loss of $104k, I am calling a loss of $35 mil for second half including one off of $35 mill onerous contract write back ( they are using some to payoff suppliers) so my call is full year loss after intrest of $139 mill.

    I can not think of any positive write backs but inventory / plant may get writedwons which obviously I have not included.
 
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