Great contributions by posters above. Thanks for your efforts.
One fact remains which must be considered in any offer. That is the intrinsic value in the MW resource. The richest known RE mine on the planet. Yes it is only worth what it can deliver to shareholders but just do the numbers. Interesting to see a DCF valuation using the upgraded resource figures and some poetic license on RE prices driven by increasing demand from Japan, USA and Europe.. I have yet to see an analyst valuation that includes the next 25 years future cash contribution in their numbers. Some have made a excellent analysis at short term values based on their assessment of where RE prices might be headed. Difficult I know with current RE values at depressed prices.
Just imagine what will happen to RE prices if China influence has Lynas production stymied courtesy Minister Yeo, WT and Fuzziah political activism? I should also add potential impact on RE prices from the most unwelcome attempts at corporate sabotage from WES. These corporate gangsters should be ashamed of themselves.
LYC Price at posting:
$2.11 Sentiment: Buy Disclosure: Held
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