LYC 0.65% $7.75 lynas rare earths limited

Ann: Quarterly Activities Report, page-78

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  1. 999 Posts.
    lightbulb Created with Sketch. 2257
    Correct. We were at ~50% profit margin in the last HY report, no doubt more like 55-60% in this quarter (combination of price and economies of scale). At those profit margins we are looking at $180-197m in profit. Around 55% may be the more likely margin, given we have some increased costs. Based on this, we are on a run rate of $0.8 in eps (12 in p/e for those that care).

    IMO our profit will be even higher in the current quarter, and rest of the year, so this 'run rate' eps is still low to me.


 
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