The short term looks particularly promising with so many potential catalysts for a re-rating past $3.20.
At the end of today’s briefing Amanda sounded very upbeat and spoke about 2020 being a very exciting year and expects that expensive champagne will be needed. That’s as bullish as I think I have ever heard Amanda speaking in public.
Here’s the short term (6 months) catalysts that I’m very confident on:
Here’s what I’m hopeful for:
- Licence renewal without any further conditions (March 3)
- Regulatory approval for a lift in lanthanide production (March 3)
- 3rd quarter results with a big lift in production and sales (Late April 2020)
- Judicial review of license renewal dismissed (April 2020)
- Announcement of US Government grant to support Blueline JV (August 2020)
Here’s what I’m wishing for:
- Steady increase in market prices
- Malaysian Cabinet reshuffle with Mohd Redzuan Yusof taking responsibility for the environment portfolio
- backflip by Malaysian Government on PDF and instead accepting condisoil
- Australian Government announcement of a grant program to support critical minerals
- Forums
- ASX - By Stock
- LYC
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-20
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.22 |
Change
0.070(1.14%) |
Mkt cap ! $5.813B |
Open | High | Low | Value | Volume |
$6.21 | $6.22 | $6.07 | $13.54M | 2.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | $6.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.22 | 12273 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | 6.200 |
3 | 18095 | 6.180 |
1 | 14349 | 6.170 |
3 | 39510 | 6.160 |
1 | 9251 | 6.150 |
Price($) | Vol. | No. |
---|---|---|
6.220 | 8273 | 1 |
6.230 | 19595 | 4 |
6.240 | 14849 | 2 |
6.250 | 18749 | 3 |
6.290 | 1000 | 1 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |