Lynas Corp. Ltd buy Putcall
Summary
This prediction ended on 17.05.18 with a price of €1.47. With a performance of 9.70%, the BUY prediction by Putcall for Lynas Corp. Ltd closed with a slight gain. Putcall has 50% into this predictionLynas Corp is an Australian company that specializes in rare earth materials mining and processing. The company extracts rare earth elements from its Mount Weld mine in Western Australia and processes them at its Lynas Advanced Materials Plant (LAMP) in Malaysia. Lynas Corp is one of the few non-Chinese producers of rare earth materials and supplies these materials to a range of industries, including electronics, automotive, aerospace, and renewable energy. The company is publicly listed on the Australian Securities Exchange (ASX) and the U.S. OTC Pink market under the symbol LYSCF.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Lynas Corp. Ltd | 6.253% | 6.253% | 6.197% | 12.799% |
| iShares Core DAX® | -0.922% | -1.993% | 13.399% | 16.075% |
| iShares Nasdaq 100 | 0.371% | -0.868% | 41.541% | 46.938% |
| iShares Nikkei 225® | 2.224% | -5.187% | 20.497% | 4.643% |
| iShares S&P 500 | -0.026% | -0.918% | 30.410% | 42.418% |
Comments by Putcall for this prediction
In the thread Lynas Corp. Ltd diskutieren
Lynas: seltene Erden
RECORD SALES REVENUE
Invoiced sales at A$112m was an increase of 108% on prior corresponding period (pcp) and up 48%
on the previous quarter
RECORD CASHFLOW FROM OPERATING AND INVESTING ACTIVITIES
Cash flows from operating and investing activities (including capital expenditure, but excluding
principal & interest payments and changes in security deposits) increased to A$25m from A$15.8m
in the previous quarter. In addition, timing of shipments resulted in a significant increase in
receivables at the end of the quarter by A$23m, which is being collected in October in line with
normal payment terms.
RECORD PRODUCTION:
o NdPr production at 1,442 tonnes was an increase of 22.6% on pcp and up 7.4% on the
previous quarter
o NdPr production was in excess of 500 tonnes/month in 2 out of 3 months in the quarter
o Total REO Production at 4,665tonnes, was an increase of 27.3% on pcp and up 14.0% on
the previous quarter.
COSTS IN LINE WITH FORECAST
Cash used for operations, excluding any interest and deposit related flows was in line with forecast
at A$63.55m, whilst production output increased
IMPROVED DEBT POSITION
o Reduction in Principal due on both facilities, after a US$15m principal repayment on the
JARE facility in August 2017 and conversion of US$108.5m of the convertible bond facility
o Significant reduction in trailing and current interest liabilities on both facilities
EARLY PAYMENT TO JARE
Reflecting continued confidence in business operations, the company also made an early principal
payment of US$15m to JARE on 13 October 2017, reducing the JARE facility to US$170m.