Did you look at last 4 Qs every one down from Q before. they produced 5444 tons 4 Qs ago 3592 this Q A drop of 34%. 4 Qs ago NEXT was not fully implemented and yet production down. As if that was not bad enough COG sold rose from AUD 11.47 to 18.90, during the same time period, Lowering profit per KG by AUD 6.47 NEXT was suppose to lower COGs. Now there were some good reasons all this happened and I have called these out before. I do not see much chance of any of these changing for 6~ 18 months. Long term I predict a bright future for Lynas. For last 9 years I have predicted a major turn around in a year or so 7 times. Right now I am 0 for 7 on these so I would wait before buying for it to really start happening.
COGS Chart. ALL data from Lynas Q reports
Q Admin + production KT REO Cost KG NdPr Averge USD no VAT 1 Q3 '19 62.4 5.44 11.47059 38.5 2 Q4 68.5 4.65 14.73118 39.1 3 Q1'20 73.5 3.926 18.72134 39 4 Q2 67.9 3.592 18.90312 36.2
Ann: Quarterly Activities Report, page-11
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.83 |
Change
-0.080(1.35%) |
Mkt cap ! $5.449B | |||
| Open | High | Low | Value | Volume |
| $5.89 | $6.04 | $5.83 | $18.89M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17984 | $5.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 3952 | 2 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |