LYC 0.00% $6.40 lynas rare earths limited

Fosters Stockbroking Report

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    http://www.fostock.com.au/researchreports

    "We have increased our LYC valuation to $2.49 on a fully diluted basis
    (previously $2.30/share post consolidation equivalent), underpinned by our
    NPV10 for LYC of A$2,098M. We maintain a long term NdPr forecast of US$48/kg
    (ex VAT) and assume the convertible debt is fully converted into shares."
 
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