Sometimes in business more is less. What this means is that in some cases the less you produce the more money you make.
If lynas were to move onto stage 3 and 4 lets say 44,000tpa that would create an over supply very quickly and the high ree prices would plumet!
I think that lynas should continue to produce 22,000tpa and keep the ree prices high! Concentrate on organic growth...vertical intergration ect. Make more jv's with big companies!!
nick curtis on business channel right now!, page-22
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Last
$6.06 |
Change
0.040(0.66%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.06 | $5.76 | $50.03M | 8.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3840 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 39097 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |