Niobium always rates highly. Held for over 10 years on a play that is due to receive development agreement very soon.
When the reo requirements moves from its current infancy demand to med demand by 2025 the reo prices will be very large to match that demand and with limited supply coming online - China with holding exports for its own domestic requirements - it will be prime time for Lynas to upscale its capacity and earnings will be superb. The current plant and capacity as awesome as it is will possibly end up 35% of operations.
Only assuming approx:
Malaysia plant 35%
Kalgoorlie plant 40%
Toll treatment 10%
U.S. plants 15%
All we need now is delivery by management on schedule and budget the 2025 plan to highlight again - the quality of management and personnel.
Niobium always rates highly. Held for over 10 years on a play...
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Last
$6.91 |
Change
-0.160(2.26%) |
Mkt cap ! $6.458B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $7.00 | $6.85 | $21.42M | 3.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 87094 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 30175 | 4 |
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| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$6.91 |
Change
-0.160 ( 2.39 %) |
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| Open | High | Low | Volume | ||
| $6.96 | $6.98 | $6.85 | 2546996 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| LYC (ASX) Chart |