If management wants a stable and neutral shareholders for long term, I guess they could be:
a) PETRONAS. Reason is that they are big consumers of Ce & La. They need it for its refineries as well as the new one which will be completed in 2020./ 27.000 MM $. Common sense is that they could have agreed a favourable long term supply agreement with Lynas of both REE's. Transport costs could be substantially low and this could help to downward overall costs.
b) SOLVAY. Solvay had problems with one of its plant in China. This could derisk allocation of one of their new assets.l.abroad.
From.the point of view of a vertical integration it has sense.
What I do not see that clear is fixing price of CR. Sincerelly it should be not considered a xtreme stress prices like the one we have seen at 0.10 level.
Lynas is almost at break even and has restructure its debt.
I sincerelly think 0.20 should be the minimum asking price.
Capital Raising immnent, page-72
-
- There are more pages in this discussion • 155 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.89 |
Change
-0.130(1.62%) |
Mkt cap ! $7.374B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.02 | $7.86 | $27.21M | 3.442M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12329 | $7.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.90 | 8744 | 2 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |