Australia's largest stock trading and investment forum Australia's #1 stock forum

LYC

Click for more information

1.65%

$6.15 lynas rare earths limited

Ann: Quarterly Activities Report, page-82

First 82 Last

Share
Profile

Follow
Kerebrad

2,350 Posts.

458

19/01/22

15:34

Post #: 58980785
Share

Originally posted by jjsbuy: ↑

Up or down in the months ahead?

Lets consider some simple maths. Today NdPr is up again. Its up 10500 to a new 11 year high of 915 000. Increasing about 15% in a month. Increasing from 650 000 three months ago to over 900 000 today. So we have seen the price of important RE increase 45-50% in three months. The next point to consider is the flash to bang. In this case how long for those prices to flow through to revenue. Between the many contracts it is often taking 2-4 months for price increases to fully be factored in to sales revenue. I could get caught up in supply chain issues, total REO production levels etc. But keeping it simple. Present revenue is largely capturing NdPr (as an example) prices in the 600 000- to low 700000 range. The next quarter results will be likely see a 30% + increase in revenue on same volumes. Its reasonable to assume that if quarterly sales was $202million, on same volumes, we may see $250 million (+) next quarter and increasing if RE continues to rise.

Expand

@jjsbuy. As well as NdPr, both Neodymium and Praseodymium oxide up 2.4 % and 3.3 % respectively.

Last edited by Kerebrad: 19/01/22

LYC Price at posting: $11.01 Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

Nine's staff strike as Paris Olympic coverage begins

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

There are more pages in this discussion • 66 more messages in this thread...

First 82 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.15		Change 0.100(1.65%)		Mkt cap ! $5.748B

Open	High	Low	Value	Volume
$6.18	$6.37	$6.08	$26.63M	4.279M

Buyers (Bids)

No.	Vol.	Price($)
3	17840	$6.14

Sellers (Offers)

Price($)	Vol.	No.
$6.17	8880	1

View Market Depth

No.	Vol.	Price($)
1	7504	6.130
2	10084	6.070
3	7665	6.050
1	165	6.040
1	155	6.030

Price($)	Vol.	No.
6.170	8880	1
6.240	500	1
6.250	125	1
6.290	4000	1
6.300	24601	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

LYC (ASX) Chart