LYC 2.60% $7.88 lynas rare earths limited

just need about 1 months from tol to produce

  1. 1,648 Posts.
    the explain the source from "Lynas Conference Call on 30 April 2012 "
    "how long is the first cash flow... 4 to 5 weeks transport first concentrate, 6o days for processing, 1 month for customer acceptance."
    ----

    Very clear said that: need about 1 month("4 to 5 weeks transport ") from tol to produce ,

    then :2 months--- " 6o days for processing"

    then:1 month for customer acceptance.---Cash credited into LYC' account.

    the above is the precise meaning of this article:
    "Once the licence was issued, it would take another four months for Lynas to generate cash from the plant, one month for shipping the concentrate from its Australian mine to Malaysia and three months to commission the plant."


 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.88
Change
-0.210(2.60%)
Mkt cap ! $7.360B
Open High Low Value Volume
$8.03 $8.03 $7.84 $10.67M 1.350M

Buyers (Bids)

No. Vol. Price($)
42 8630 $7.87
 

Sellers (Offers)

Price($) Vol. No.
$7.88 9135 30
View Market Depth
Last trade - 15.34pm 11/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.