I think the key recent messages from Chinese and other sources are:
- At recent cabbage prices Chinese producers aren't viable and
- Lynas can make a modest profit even at these prices.
Couple that with the great USG support for downstream magnets and I'm very optimistic.
The one cloud on this horizon IMO is Gina's double buy into LYC with the real possibility of a TO offer very shortly.
I hope it's rejected.
Where are the Shorters?, page-8
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |