Molycorp was up more than 7% over night.
Following is a good article on Molycorp's valuation that was written yesterday. What was interesting was the discussion of the value of Cerium and Lanthanum.
Hopefully there are no more delays with the commencement of the Lynas Concentration Plant. Once this announcement is made, Lynas is going to fly over $3 in my opnion and maybe even go parabolic
http://seekingalpha.com/article/265291-molycorp-s-project-phoenix-rising-along-with-its-npv?source=yahoo
molycorp up more than 7% overnight
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |