I don't know - I am just planing for the worst and to a degree, discounting, what management has to say as experience has taught me this is necessary when it comes to Lynas.
I still believe they could potentially have a future, but my faith has been shaken repeatedly over the last 3 years.
I still see some very big risks that I give a lot more credence to now than I might have in the past..
a) plant issues with phase 1
b) more issues in commissioning phase 2
c) COP on phase 1/2 or on a half working phase 1?
d) Chinese/Japanese demand for LRE product ?
e) light RE prices
f) Chinese supply/smuggling supply
g) molycorps effect on LRE space
h) Chinese export tax rate
shorts covering, page-33
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Last
$6.72 |
Change
-0.105(1.54%) |
Mkt cap ! $6.281B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.85 | $6.67 | $9.290M | 1.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 10726 | $6.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 8304 | 10 |
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| Last trade - 15.30pm 17/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |