Poor analysis, Cafa. Obviously, much of cash inflows for the sales of REE produced in March has not been received yet and therefore not recorded into this quarter. AL stated that production was "very low" in January and February - hence, I am speculating that, as the Phase 2 train "commenced full production", current production levels are between 1200 and 1400 REOt montly - which leads to about 4000 REOt production for the next quarter (double this quarterly one) . AND THIS IS MAINLY WHY LYC IS NOW RUNNING CASH POSITIVE. Interesting times ahead.
Poor analysis, Cafa. Obviously, much of cash inflows for the...
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Last
$6.34 |
Change
0.210(3.43%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.37 | $6.20 | $16.32M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10131 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.34 | 65301 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |