Lynas has the potential - based on so many announcements over such a long time period - to be an absolute ball burster!
Forget $20/share, if all these things line up and start quacking (duck analogy) - like the new 1km pipe, the fertiliser prospect, the new plant in Kalgoorlie that can take other mine feedstock, the 2 US prospective plants, the new suite of metals announced and the pent up demand for all of these products on the world stage - just imagine what the SP could leap to?
$25 is a good start point, but I would surely expect a far better premium for our shares, as the avalanche of great (not good news) from LYC just keeps rolling along. I don't care about a pissy $12.60, with what we have here, we have probably the world's leading essential mineral supplier, and it appears that we have an extremely long LOM as well!
Wesfarmers low-balled us only a few short years ago, we told that crew to GAGF'd - solidly!
The skys the limit, where do we aim?
Lynas has the potential - based on so many announcements over...
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Last
$5.95 |
Change
-0.030(0.50%) |
Mkt cap ! $5.561B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.93 | $10.85M | 1.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19331 | $5.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.96 | 32024 | 7 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |