Absolutely not You say this because it is a common statement. You did absolutly nothing to show why.
- Right now PE is 12 to one which is Ok for this economy. H2 last year was best half ever by a lot. This year H2 at best will be about the same as H2 and I used Lynas being at or exceeding NEXT capacities in Q4. That will give a PE of 7B / 300M = PE of 23. Very easy to support a few years ago not sustainable in today's Market.
- Book Value from SAR was AUD 1.831B it will go up by about $150 M Lets say it will be $2B MC is just over 7B that is a ratio of 3.5 to 1 in trouble times this is usually 1.
- Revenu In H1 was 370 M Taking Q3 REE prices and Next rates and the usual amount of La and Ce being sent to tailings I think revenue will be 740M for year. Time for you to do some work look up averages and show what is built in with this.
It is time for you and others on this board to do a little research before just taking Popular sayings without doing any research to make sure they fit.
Here is the SAR
https://wcsecure.weblink.com.au/pdf/LYC/02636506.pdf and here is the Q3 report
https://wcsecure.weblink.com.au/pdf/LYC/02656730.pdf Why don't you research them and show how you can justify saying A bad H2 is already built in. Lots of speculation on how running both but absolutly nothing ( except speculation) showing how it helps increase revenue) Texas will be at least 4 more years. So till then the lamp is the only source of separation and purification. KAL was suppose to have more than Double the capacity of the LAMP C&L it will be running at less than 50 % capacity. We already know that taxes, Energy, Labor and reagents will be far more]expensive / KG than lamp. what will it be running at a low percentage of capacity ? Yes shipping will be less expensive.I have watched Lynas for over 12 years, have always been disappointed that is why I sold what was a major holding, for me. Still think it has unbelievable potential. I need to see it before I invest again. This attitude will cause me to miss the bottom. If it has the potential, I think it has, that will be fine.
Bottom fishing is driven by FOMO and usually causes buying into many false dips which lowers your annualized Gain. AG is all that counts for me. Saying I had XX % gain in a bar is not important to me.
(20min delay)