LYC 0.78% $7.76 lynas rare earths limited

Ann: Quarterly Activities Report, page-48

  1. 918 Posts.
    lightbulb Created with Sketch. 228
    Nice one Greyhounder, trying to stir the pot. Unfortunately all that new cashflow which didn't exist 6 months ago has changed the dynamic of LYC forever. Even if the price of NdPr were to drop at some stage in the future, the fact that LYC will be able to rapidly get rid of debt leaves it in an entirely new position. The days of the viability of LYC being in question are over. The days of profit have arrived. The days of 14.5cents are very unlikely. But you keep holding mate as its still a free world unless the Greens get into power.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.