Great to see Lynas managing to keep its nose above the water is this low price environment.
Lynas, a $5 billion plus company finds itself in middle of a tug of war between stubbornly low price and US DoD support for good 2 years now - Its seems to be an "infinite game" and US has to treat this as War - instead of Business. Put a floor under the price of rare earths, cobalt already before pentagon is compromised by lack of these critical defence material. Cheap construction capex is not proving to be enough to contain the Chinese tactics.
BTW - Didn't appreciate Amanda referring to Analysts as "one keen observer" - They are doing their job just like you are doing yours Amanda! Get off your high horse.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 769 | 7.770 |
5 | 20462 | 7.760 |
8 | 42388 | 7.750 |
2 | 17508 | 7.740 |
Price($) | Vol. | No. |
---|---|---|
7.810 | 6633 | 1 |
7.830 | 15412 | 3 |
7.840 | 12624 | 1 |
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