If LYC is to produce 917t in June, the LAMP must be currently operating at that production level. Reason, 42 day cycle through the plant, therefore June production at nameplate would have commenced production in April. cash flow neutral at 750t, therefore cash flow positive at present. I see a positive future for LYC based on latest qtly even at todays REO basket of circ $25/kg.
My pricing projections:
End of week >.15. Catolyst,pProbable market update on actual production.
End of June 2014 >.25 and <.40.
End of June 2015 >.85 and < 1.20.
1 week 1month 1 year lyc predictions., page-57
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| LYC (ASX) Chart |