Welcome - happy to plug in whatever numbers folks want.
As I've said for a some months now, LYC is a play on REE prices and AU$, in the absence of any problems.
If REE prices go north AND the AU$ goes south, then LYC could get to somewhere nearer the $1 mark.
They really need to get contracts for solid off-take of Phase 1 and 2, before the end of the year, otherwise the capital repayments on the $400m of loans will start to weigh heavily on the SP. There is a two year window, and every month we go without the contract sales being confirmed increases the pressure.
IMO
aussie $ collapsing = rising ree price, page-43
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |