LYC 0.00% $6.40 lynas rare earths limited

assistance regarding current basket price, page-2

  1. 12,839 Posts.
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    Grant64t

    Hate to put a dampener on things, however the basket price and what lynas will sell for are not correlated

    Lynas will be a price maker, as indicated in previous notifications by board to market

    It is almost impossible to calculate - all you need to know is that lynas have stated a minimum profit of just over 3 million dollars for next financial year

    I believe this figure is very conservative, and all the board is doing is giving notice that profits will be made next year

    imo

 
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