LYC 2.89% $5.69 lynas rare earths limited

Maybe following Michael Evans, former Resource Director...

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    Maybe following Michael Evans, former Resource Director Malaysian Investment Bank?

    http://investorintel.com/technology...ded-for-record-breaking-quarter-says-analyst/

    "Looking ahead, Evans is optimistic: with minor forecast price increases in the average REE price achieved, and lower until costs through economies of scale, he expects margins to improve in the short term. For the December quarter he is estimating free cash flow (in U.S. dollars) of $13.5 million, or an annualised $54 million."

    He certainly got June Q pretty right, other than missing the $7.2M presale of off spec NdPr in March from April production.
 
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