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LYC $2.23

Part Sale of LAMP or Mt Weld

  1. mmmmgus

    1,182 Posts.
    Elephant in the room?

    With many here predicting a 50/75/80% chance of LYC going into administration some time in the next 12 months (later rather than sooner)?

    Would/should management be considering a part sale (JV), sale or friendly take over? Maybe a Debt/Equity swap?

    What do people rate the chance of any of these scenarios and how much are these assets worth in a depressed Rare Earths Mk?

    Does the company hold any other ace's up its sleeve - which it could help it get through these lean time whilst ramping up?


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