Totally agree Luna, the significance of this press release is being missed by 99% of Lynas investors and the lack of market reaction is just another example of how this board acquires and digests information related to Lynas quickly and correctly. It is obvious to most of us that the sustainability of Mt. Weld was going to be the next question when it comes to the analysis of Lynas as a company. The location of significant high grade ore at Mt. Weld will allow Lynas to grow organically without the expense of a new mine and related infrastructure...
The fact is that Amanda is ahead of the game when she announces the completion of the new drilling subsequent to its completion and then provides a clear timeline to report the drilling results. If the results of these drilling are as promising as the initial results we could literally have a gold mine here. Imagine how the market will react if significant reserves are located as progress on the home front begins to come to fruition.
Bad time to be a short seller...
Totally agree Luna, the significance of this press release is...
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15037 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 38814 | 10 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |