LYC 0.34% $5.93 lynas rare earths limited

REE is there, that's all this report confirms. Both coarse and...

  1. 964 Posts.
    lightbulb Created with Sketch. 659
    REE is there, that's all this report confirms.
    Both coarse and fine REE was present.

    Until the core samples are analysed to make an estimation on how much REE is there we can't make any financial or economic predictions on the value of this information.

    Further core drilling would need to be done in the area to make accurate deposit estimations by surveying the width of the deposit and its depth In those areas. This will give the cost of extraction and then we can calculate prospective profits depending on REE prices.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $5.542B
Open High Low Value Volume
$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.