Currently China based Lynas basket price is around $60, China are defending that price and want it higher. Add a little premium for outside China and we are looking very sweet.
Haven't brought up all the relationships already formed that will pay off big time for LYC.
Just be careful of leverage in this macro environment...
smack in the head wednesday, page-32
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Last
$7.90 |
Change
0.050(0.64%) |
Mkt cap ! $7.384B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.76 | $28.26M | 3.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14205 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 44842 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |