LYC 0.00% $6.80 lynas rare earths limited

Technical, page-1409

  1. 6,346 Posts.
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    Sorry I should not wind him up particularly when I have far to many reds and if I choose to put him on ignore and do not bother to read his right of reply. Anyway no more.

    A low AUD is going to be highly beneficial to counter inflationary impacts on the company. The past quarter can see around a 5% fall in AUD thus 200 million USD is obviously worth 5% more - AUD plus 10 million for the quarter. More impressive is the likelihood next quarter which currently sits at +10% = AUD plus 20 million - that is a lot of diesel and labor each quarter.

    The AUD to Malaysian Ringgit is also slightly favorable for OPEX there.
 
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