LYC 2.89% $5.69 lynas rare earths limited

I am more than hopefully that Amanda Lacaze will set this ship...

  1. JFI
    6,837 Posts.
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    I am more than hopefully that Amanda Lacaze will set this ship on a better path now. She's a sleek operator that is clear already. She's been in the job what 3 months ? Look, I think she will ensure that the measures she is taking leads to cash flow positive soon enough. The cash will give some security for the sales and production to be at a point along with the COP where the company can cover their bills and meet the debt obligations. This buys plenty of time as they finally nut out the issues to get the figures they need to successfully continue to meet debt payments. I imagine in a year they will be accruing enough revenue to be securely csh flow positive to meet obligations regardless of current cash capital in flows.

    My thoughts.

    JFI
 
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