LYC 0.16% $6.29 lynas rare earths limited

why no announcement?

  1. 56 Posts.
    Now that the "Trading Halt" has become a "Suspension", why no announcment from "our" board?

    The deadline for the Board to meet all 'conditions precedent' for the Project finance was 31st Jan. It appears they didn't, so they requested a Trading Halt for 2 days pending an announcement. Trading halt has subsequently become a Suspension, presumably because the Board hasn't got anything positive to announce.

    But, now that LYC is Suspended, why doesn't "our" Board have the decency / guts to make a statement as to the situation?

    They no longer have any "market sensitivity" to hide behind.

    Col8
 
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