LYC 0.34% $5.93 lynas rare earths limited

Looking forward to a cracker of a report: production somewhere...

  1. 794 Posts.
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    Looking forward to a cracker of a report: production somewhere between 1520t and 1620t. Revenue A$285m to A$320m. Costs will have increased a bit due to supply chain issues, however cash flow should be extremely positive. NdPr prices behaving very nicely so far, keeping in a healthy range, not exceeding usd$150. I think US$100 to US$150 (A$135-A$200) is the perfect range at the current time. I had been wary of it exceeding the Usd$150 mark, at which point it would start to scare buyers. China's lockdowns currently a damper, however long term demand fundamentals set to remain strong. We should hopefully also get some substance around Lynas growth plans.
 
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No. Vol. Price($)
8 128544 $5.92
 

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$5.95 12481 2
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