At 11,000tpa production and full sales of this amt working on basket price of $35 kg and cost of production of $14 kg LYC makes $231m. Less admin costs for the coming quarter annualised ($63m x 4) gives profit of $168m P.A and EPS of $0.10 and P/E of 6, makes LYC a buy If only 50% of capacity is used and sold then and the basket price falls to $30 then profit falls to $25m EPS of $0.01 and P/E of 41, makes LYC a sell. What we need is an announcment of 50%, 75% or 100% of stage 1 capacity is locked into contracts. If this happens (75% +) we will see the price go up. Otherwise LYC is probably a 50/50 guess at the moment.
production = profits
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Last
$7.70 |
Change
-0.070(0.90%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.72 | $7.57 | $17.44M | 2.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 482 | $7.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.70 | 6582 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |