Lynas half yearly report is out. Went from 4m profit to 40m.
Average price received for them was $23.6/kg
my calc at todays spot price is $20.34 USD/kg. ~ $26 AUD. Given is has risen over 6 months i think that this is pretty spot on.
My point - means my method for concentrate basket pricing is fairly accurate and at todays prices makuutu's is worth $50usd/kg
SF2TH
Ann: Ionic Rare Earths Completes $12 Million Placement, page-292
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