I disagree.
If the approval is given this month, sure there will be some protests, but we've seen the dwindling strength of the anti-Lynas people over the past 6 months, and I wouldn't expect a whole lot of noise.
By March next year it will be long forgotten and the economic stimulus created for the area will counter any negativity.
Remember this is just pre-approval. Full approval isn't given until 1-2 years after commissioning.
12 month lyc target price , page-15
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Last
$7.22 |
Change
0.180(2.56%) |
Mkt cap ! $6.645B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.25 | $7.09 | $7.774M | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1018 | $7.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.22 | 8165 | 25 |
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| Last trade - 11.40am 10/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |