Mah
With current bp and when ph2 is up and running we are approximately getting $440M per yr net profit
Even if BP hits $30 mark we are still going to get a $330M net profit, our company is extremely profitable!
China is predicted to be a net importer of ree by 2014/15, so demand is always there and will be picking up further and faster in near term IMHO, we are just at the bottom of the price cycle for Rees I expect this to change due to tech industry's wanting to expand, apple products are continually being made and it is expected their output will quadruple in next couple of years, and that's just one tech company
We shouldn't worry, ATM we are manipulated down, 2 wks to go and we will be manipulated up!
Live long and prosper!
fantastic conference call by eric, page-17
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Last
$8.09 |
Change
0.070(0.87%) |
Mkt cap ! $7.561B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.27 | $8.08 | $35.31M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7192 | $8.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.10 | 4833 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |