Ausheads i am really starting to question your knowledge of this company, I was just reading some of your posts from 6 months ago and you were still adamant that Duncan would soon be developed.
Yet back in 2012 Lynas scoped out developing the Duncan Reserve and discovered:
http://myresources.com.au/news/17-othernews/5663-lynas-looks-to-duncan-deposit
a scoping study yesterday that suggested it would cost about $600 million and take four years to develop.
heres a link to the survey: http://www.asx.com.au/asxpdf/20120614/pdf/426thwlcrr5l02.pdf
Simply put:
LYNAS DOES NOT HAVE 4 YEARS or $600 MILLION!
Most Chinese rare earth miners running at a loss, page-19
-
- There are more pages in this discussion • 21 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
$6.25 |
Change
0.155(2.55%) |
Mkt cap ! $5.846B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.26 | $6.09 | $9.547M | 1.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 19661 | $6.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 15314 | 47 |
View Market Depth
| Last trade - 14.04pm 31/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |