LYC 0.00% $6.74 lynas rare earths limited

Why would it? IRR is nonsense, as are the presumptions at mkt,...

  1. 19,586 Posts.
    lightbulb Created with Sketch. 4974
    Why would it?

    IRR is nonsense, as are the presumptions at mkt, though they are realistic enough to warehouse most of the HRE suite.

    Unlike your other charade Ucore they have a least worked up a plan that may attract further development funding but they are a very long way from being a business.

    RFI was quite clear:

    "One additional screening criterion is also considered by the Title III Program Office in determining the applicability of the use of Title III authorities; the combination of U.S. national defense (military) or critical infrastructure demand and foreseeable non-defense (commercial) demand should be greater than the total domestic industrial capability resulting at the conclusion of the Title III activity. Title III activities must consider the impact of potentially creating excess capacity. While the projected military or critical infrastructure demand for a technology or component is the key consideration from a DoD perspective, the projected commercial demand for use in the civilian market can be included to address this issue. Considering whether demand will exceed supply addresses the likelihood that an economically viable industry will result from the Title III activity and that additional financial incentives will not be necessary to maintain the business."

    Proven & profitable, ambulance chasers need not apply.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.74
Change
0.000(0.00%)
Mkt cap ! $6.300B
Open High Low Value Volume
$6.72 $6.80 $6.66 $14.09M 2.093M

Buyers (Bids)

No. Vol. Price($)
1 7791 $6.73
 

Sellers (Offers)

Price($) Vol. No.
$6.75 13142 6
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.