The REE project could end up being a dud and they could blow the around 1.7B of capital investment leaving shareholders holding the bag. They should stick with mineral sands which they are good at. REE investment is fraught with danger with Lynas nearly going under at one stage.
I will hold what I have but am not topping up at this stage. It is a shame such a good company is exposed to this sort of risk.
Ann: 2024 AGM - Chairman's and Managing Director's Addresses, page-17
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Last
$6.39 |
Change
-0.170(2.59%) |
Mkt cap ! $2.734B | |||
| Open | High | Low | Value | Volume |
| $6.40 | $6.48 | $6.36 | $17.07M | 2.634M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 33689 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 1000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ILU (ASX) Chart |