Hello. You must have missed the "70% payability". LYC is 100% payability.
Instead of criticising Lynas, you probably need to appreciate MEI appear to need a refiner such as Lynas to sell their product to.
MEI appears to be only producing a "concentrate" or "carbonate".
Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-25
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $235.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $134.9K | 1.306M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 3074312 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 987055 | 26 |
View Market Depth
| Last trade - 11.53am 04/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |