LYC 0.34% $5.93 lynas rare earths limited

8% increase in revenue?? Closer to 70% increase. Have trouble...

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    8% increase in revenue?? Closer to 70% increase. Have trouble doing basic arithmetic but ready to shoot your mouth off. Excellent results and progress DESPITE having to REDUCE and to STOP production l due to pandemic related logistics issues early in the qtr. My modest forecast for more than $200m revenue took into account ongoing pandemic related issues as it was based on 75% production rates. Now, extrapolate to 100%. Btw, Lynas has mitigated these impacts really well by chartering a ship and doing what they could to produce an excellent outcome. Imagine what they will be able to achieve once these issues which are not in their control, are resolved. If the share price drops, I view it as an opportunity to top up, not to sell. While awaiting news of expansion plans, US etc and resource updates, I'm not letting go of my shares at these prices.
 
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$5.93
Change
-0.020(0.34%)
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$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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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