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$7.73 lynas rare earths limited

News: LYC Lynas Signs MoU With City Of Kalgoorlie-Boulder, page-26

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equityma

2,184 Posts.

206

07/09/19

20:13

Post #: 40351045
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Originally posted by equityma: ↑

No. It's a big capital disadvantage to Lyc and I believe the Malaysia gov will forget about this in a year time when you look at Philippines government who banned and restricted nickel producers because they damaged the water table. That's not to mention the Indonesia.

So the first thing I will look at a renewal in due course to see whether Lyc is allowed to operate its LAMP or not.

I did look back at WES's condition and I see the new LAMP in Australia to satisfy the backslash condition in which WES decided to walk away in conjunction with the unsuccessful bid amid WES did believe It could turn things out when LYC was on escalated dispute with the activists.

Should WES return when It see WA is a true chemical processing region with Glencoe's cobalt, BHP's nickel sulphate and a few junior ni-co players on board with the support of Australia government and potential America government.

Lyc is in safe hands and I think Lyc has no problems to seek more fundings if It wants to double up its productions.

Let's wait and see how the US financial institutions are doing because It's the only way to end the Japanese contracts to service America first.

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To operate its LAMP after 4 years period outlined in the condition or not.

LYC Price at posting: $2.49 Sentiment: Buy Disclosure: Held
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Last $7.73		Change 0.010(0.13%)		Mkt cap ! $7.253B

Open	High	Low	Value	Volume
$7.84	$8.00	$7.72	$16.92M	2.155M

Buyers (Bids)

No.	Vol.	Price($)
45	13682	$7.73

Sellers (Offers)

Price($)	Vol.	No.
$7.74	17044	60

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No.	Vol.	Price($)
24	5333	7.730
24	16460	7.720
24	28880	7.710
10	15040	7.700
9	12825	7.690

Price($)	Vol.	No.
7.740	19602	59
7.750	26828	30
7.760	16506	21
7.770	15585	11
7.780	7039	5

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