LYC 1.30% $6.25 lynas rare earths limited

Why I invested money in LYC, page-84

  1. 22,602 Posts.
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    LYC Prospects:
    -Produced Product volume & mix
    -product price with detailed breakdown (eg: price of individual components of the basket)
    -input costs (are they stable or decreasing further)
    -Marketing/sales info (to where, to whom and in what quantities)
    -product blends to meet customers' needs and at what added value.
    -creditors' and bondholders' agreements review.

    There has been alot of speculation about LYc on these threads and the new regime under Amanda seems to
    have generalised reporting and left it to the mandatory quarterlies and annual reports.
    IMO, this company is still changing rapidly and it ought to produce a monthly operations update to
    keep the market informed and to quell speculation.

    The past 3 years has been a devastating time for LYC shareholders and just because there are new jockies
    (new CEO & Chairman) does not mean that responsibility for the past is shunned by the new regime because, after all, the new regime has to honour company debt which was also incurred in the past.

    IMO, for LYC to go confidently forward, its management has to be fortright with its shareholders
    and a monthly operations update would signal the market that this new regime means business.

    The slowing of cash burn is the most positive news in 3 years and this can be complimented regularily
    by a monthly operations update.

    MM
 
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Last
$6.25
Change
0.080(1.30%)
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$6.25 $6.26 $6.17 $15.83M 2.513M

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4 18985 $6.22
 

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$6.25 53073 5
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