LYC
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1.32% $6.90 lynas rare earths limited

From memory I think you will find that the contracts were struck...

  1. barrons
    282 Posts.
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    30/12/10
    23:33
    Post #: 7672846
    From memory I think you will find that the contracts were struck at a base price(minimum) with ratchet up clause to reflect market price at the time of production.If you go to LYC anns to ASX over the last couple of years and trawl through you will know for sure DYOR
    LYC Price at posting: $1.98 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$6.90 		Change
0.090(1.32%) 		Mkt cap ! $6.449B
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