LYC 2.89% $5.69 lynas rare earths limited

Frankly speaking, I do not want to embarrass you. Please search...

  1. 10,370 Posts.
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    Frankly speaking, I do not want to embarrass you. Please search your own post in April 2015 regarding your GST figure.

    Please read my plain English, I use word "you assume...". Did I wrongly quote your statement? It seems that you can not properly understand a simple sentence.

    When you lost your arguments, you attacked my English. You lost argument again and you threatened me. A civilized person will not do it.

    In your post in April 2015, you typed sales revenue 64 million. You also type GST + FX = 6.4 million.

    GST + FX = 6.4 million which is 10% of sales revenue.

    My comments:
    Lynas sales revenue is generated from export sales and not domestic. There is no GST on sales revenue.

    Regarding, Sojitz-Jogmeg ownership. Please read what I said that they owned 10 per cent which is based on the following information http://www.sojitz.com/en/special/project/post-9.php.

    Extract from the above link

    Quoted

    With additional support from the Japan Oil, Gas and Metals National Corporation (JOGMEC), Sojitz ultimately provided 6% of the $250 million required, with JOGMEC contributing the remaining 94%. The project's finance scheme is based on 10% investment and 90% in loans. In return, Japan will receive an export quota of 8,500 tons (give or take 500 tons), and Sojitz signed a distribution & agency agreement with Lynas that specifies Sojitz is a sole distributor and sole agent of Lynas in Japan.
 
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