Your disclosure doesn't indicate if you have been shorting LYC nimbus24. If so, it might explain the misinformation in your post. Lynas has the cash flow and the assets to negotiate debt financing for the entire projected expansion.
By way of illustration my friend, how much shareholder financing has been required for Lynas' NEXT expansion?
Zero.
Same concept will be applied to the Kalgoolie operation imo.
For anyone who imagines Lynas would contemplate shifting their entire operation from Malaysia, think again. Lynas has a skilled and motivated workforce in Kuantan. My expectation is that the company will continue to operate in Malaysia into the indefinite future. We may even see some positive outcome in regard to C&L. Current licence conditions are that this part of the process will shut down in 4 years. However if there is significant downstream manufacturing in Malaysia by then, Lynas would be in a strong position to renegotiate the terms of their licence.
- Forums
- ASX - By Stock
- LYC
- dr looi on fb malaysia
dr looi on fb malaysia, page-1313
-
- There are more pages in this discussion • 2,063 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B |
Open | High | Low | Value | Volume |
$6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 26354 | $6.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.15 | 3758 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10596 | 6.100 |
2 | 329 | 6.090 |
3 | 1300 | 6.080 |
6 | 28264 | 6.070 |
2 | 166 | 6.060 |
Price($) | Vol. | No. |
---|---|---|
6.210 | 710 | 1 |
6.230 | 5000 | 1 |
6.280 | 4100 | 1 |
6.290 | 158 | 1 |
6.300 | 5200 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
LYC (ASX) Chart |