LYC lynas rare earths limited

This is great news. It will let us see what Lynas profit and...

  1. 8,501 Posts.
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    This is great news. It will let us see what Lynas profit and revenue will be with no confusion from MAL.


    All lets not forget that this was because of the slips in KAL. It was careful work between Lynas and MAL gov that picked the date. In 2019 plan Lynas said KAL would be done before June. As recently as the AGM AL was saying KAL was on time and in budget. Neither was true. The lower ( I agree ridiculous radiation standards) Were in place when NC picked Mal. To blame Mal. for all the problems is jut closing your eyes to where Lynas has problems just like all companies.

    The stock will go up nicely with this announcement. I still think SP will be below AU$6,00, 4 weeks after AR is released. Possibly even Q4 Then what are you going to blame? Shortens or Market makers? The PE which is about 11 right now which is still high in this economy will be over 20 after the AR. No way todays market will sustain that no matter what people think Lynas will look like after 2025.

 
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Last
$10.49
Change
0.015(0.14%)
Mkt cap ! $9.817B
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