No because capital raising dilute existing share holding...

No because capital raising dilute existing share holding structure and in any case you can't just raise 1bn to build a plant
there is a limit to what you can do with capital raising

there are a lot of moving part in capital structure

Lynas current balance sheet is good and it keep it out of trouble but it not that mighty strong to do capital raising and debt structure.
to do that would reverse its current position and put it in greater risk or give its backer generous offering and diluting existing holder value in the business

so no it not going to get to $3 with announcement of a new plant, it best options is license renewal failing that it would dropped below $2 for sure.

you been reading too many cool aids articles but forget the facts