LYC. I was curious that annc didn't get more traction. So I got out the pencil. Guy says that 750 tonne/mnth fig is break even. That's say 9000 t/yr. Nameplate is 11,000 t/y. Does not leave much scope for profit let alone debt servicing etc?
Yeh, I can see why peeps are saying CR. But up close LYC is even worse than I thought. REE price will kill it.
As I said b4, if it can't close over 22c today then something not right.
LMB I was trying low 60s. Nearly forgot.
Funny day on the markets after good night on Wall St. I thought I heard cash registers ringing but only the cat catching a cgull at my window. What a cute cat. :>
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