guys, ive been researching this stock lately as one of a few potential buys and it is ticking a number of boxes for me that a lot of other resource juniors don't:
- plenty of cash on hand
- plenty of ore already stockpiled
- potential to expand resource base with further drilling
- transport organized (i believe)
- processing plant commissioned
- most of the production already sold into informal agreements
- a commodity that isnt overhyped at the moment but has a solid growth profile
it looks like a sure winner, but before i get carried away what are the key risks do you think? I am not asking for downramping, but just honest discussion about some areas of risk or where things could come unstuck for LYC
My thoughts on risks are:
- rare earth market appears to be extremely concentrated, if there is a significant commercial discovery made elsewhere it could greatly affect the supply/demand dynamics of the market
- getting ore to Malaysia, potential for Port or Rail congestion?
- price increases for reagents used in processing the ore (which appear to be the major cost of production) could greatly change the economics of the project
- price of energy, the whole thing looks to be fairly energy intensive
anything i missed or discussion on the above comments?
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- this looks a winner but what are the key risks
this looks a winner but what are the key risks
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Last
$6.09 |
Change
-0.130(2.09%) |
Mkt cap ! $5.692B |
Open | High | Low | Value | Volume |
$6.12 | $6.21 | $6.09 | $15.72M | 2.568M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 52453 | $6.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.11 | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 47453 | 6.080 |
3 | 44931 | 6.070 |
4 | 20915 | 6.060 |
9 | 19660 | 6.050 |
1 | 165 | 6.040 |
Price($) | Vol. | No. |
---|---|---|
6.110 | 8000 | 1 |
6.130 | 17125 | 3 |
6.140 | 13374 | 1 |
6.150 | 18374 | 2 |
6.170 | 700 | 1 |
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