I have no doubt that Lynas will survive. The only question I have is when will XI let REE prices rise to where Lynas can make any money? till that happens the stock will continue to drop. With recent discovery of huge REE fields in US I doubt XI will let prices rise to where RAMCO can get any financing to develop mine and processing.
Lynas Rare Earths Has A Big Potential Problem, page-15
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Last
$7.04 |
Change
-0.110(1.54%) |
Mkt cap ! $6.580B | |||
| Open | High | Low | Value | Volume |
| $7.14 | $7.14 | $6.93 | $27.05M | 3.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153694 | $7.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 51746 | 5 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |