LYC 0.39% $7.75 lynas rare earths limited

Ann: Completion of Institutional Placement, page-2

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  1. JFI
    6,837 Posts.
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    It would be awesome to buy sub 8c but I probably will not get it today…. maybe but I'm guessing not now. Look they have just got the $$$ to pay the first $10m due. They have some breathing space to pay the next one which should be no sweat given the cap raising going on. After that$10 I think there another $140 all up if the options are all taken up. They are about to announce another rising qtr of sales/production going up. I wonder if there selling price per KG is higher this qtr ? ? ? Be interesting to see where the COP are going… bet they are going down still…

    Look I hope I get some under 8c but I'm not hopeful…

    I'm pleased that I picked up at 7.7c yesterday.

    Look back at the chart for 15+ years and see all those lows. Many at this price. Have a look at what follows ?

    My thoughts.

    JFI
 
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