bigben101 ,
What you are saying is true in a different business.
The way i see it is>>
In the first few years of production ,LYNAS got China and ???Moly to worry about.
China should not present as a problem ,as the world demand exceed their export quota .
Moly corp is not likely that would have the need to supply outside of the US.
That leaves LYC free run to enjoy the top price and most important thing is to establish self as a reliable company for the REE "CONTRACTS IN HAND",SIEMENS jv, etc
MOney come in handy at right time ,especially if the global fin situation does not improve drastically.
Imo --MAKE HAY WHILE SUN SHINES. Ramp up prod ASAP.
With cash in hand ,LYNAS would be in a good position to Take over another company that would be of asset to their needs.
NTU HREE first to come in mind.
ARU ,not out of question if a second processing plant is need in future.
Maybe someone else can explain what i am trying to say.
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $6.346B |
Open | High | Low | Value | Volume |
$6.84 | $6.88 | $6.78 | $12.19M | 1.789M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5667 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 6940 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17 | 6.980 |
2 | 826 | 6.790 |
1 | 1000 | 6.750 |
1 | 148 | 6.720 |
1 | 56 | 6.700 |
Price($) | Vol. | No. |
---|---|---|
6.460 | 1580 | 2 |
6.520 | 1069 | 1 |
6.550 | 15 | 1 |
6.620 | 19 | 1 |
6.630 | 1000 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
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