"Good point bsumisu, omg hasn't looked far enough back imo
Here is a 9 year comparison of the AUD and LYC"
WOW Mitta thanks for posting that chart of the AUD, you are making me more and more Bullish then ever, if the momentum keeps on going they way it is the AUD can even head to 60c and the basket price of rare earth will almost double!
Interesting to notes that there are a few articles that Georges Soros is involved in shorting the Australia dollar also.
http://www.smh.com.au/business/markets/is-soros-shorting-the-dollar-20130506-2j3nr.html
As the Australian dollar keeps falling the Cost of production goes down for Lynas lower and lower and the Profits go higher and higher since we get paid ins USD for our rare earth.
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lynas rare earths limited
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$8.14

aussie $ collapsing = rising ree price, page-8
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Last
$8.14 |
Change
-0.130(1.57%) |
Mkt cap ! $7.614B |
Open | High | Low | Value | Volume |
$8.33 | $8.34 | $8.10 | $16.67M | 2.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $8.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.15 | 33485 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 8.110 |
18 | 23634 | 8.100 |
2 | 28013 | 8.080 |
2 | 14863 | 8.070 |
6 | 15954 | 8.060 |
Price($) | Vol. | No. |
---|---|---|
8.150 | 33485 | 4 |
8.160 | 14694 | 6 |
8.170 | 13382 | 3 |
8.180 | 5968 | 1 |
8.190 | 3712 | 1 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
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AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
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