Hello. You must have missed the "70% payability". LYC is 100% payability.
Instead of criticising Lynas, you probably need to appreciate MEI appear to need a refiner such as Lynas to sell their product to.
MEI appears to be only producing a "concentrate" or "carbonate".
Ann: Caldeira's Scoping Study Confirms Exceptional Financials, page-25
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 68758 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 714292 | 8 |
View Market Depth
| Last trade - 09.59am 04/10/2024 (20 minute delay) ? |
| MEI (ASX) Chart |
Day chart unavailable