Well well well
The Japanese see good value in Lynas at these levels. Another $200M for the balance sheet. I am a little bit annoyed at the dilution at these lower levels. But without JARE there would be no Lynas.
I do feel the company needs to make a further announcement about what their intention is with this money. We already have a billion dollars cash, a 400M undrawn line of credit with JARE, and for the moment are banking 100M approx per quarter from operations. So why are they taking this money?
I note the new addition of Tb and Dy to the supply agreement. Does this mean the money is for Texas and they are ready to push ahead with a heavy separation facility??
Doesn't solve the immediate licence issue in Malaysia so guessing no immediate re rate for the share price tomorrow.
Well well wellThe Japanese see good value in Lynas at these...
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Last
$8.61 |
Change
-0.270(3.04%) |
Mkt cap ! $8.054B | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.74 | $8.40 | $59.50M | 6.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1393 | $8.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 62616 | 1 |
View Market Depth
| Last trade - 16.12pm 30/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |