Numbers are rough:
In June 2007 Lynas Corp Ltd had an investor presentation linked below which on slide 32 titled: Crown Polymetallic Resource, which defined the potential of the Crown/Coors/Swan deposit at $50 BILLION metal content.
http://www.lynascorp.com/content/upload/files/Presentations/Investor_Presentation_June_2007.pdf
Given the subsequent rise of the Rare earth basket prices by >570% since 2005 the theoretical value of Crown deposit must now be >$280 BILLION in ground value.
In the March 2010 presentation linked below, the Crown Polymetallic Resource is described as World Class on slide 26. Clearly this shows the tenement to be an exceptionally valuable prospect and that money was going into defining its value.
http://www.lynascorp.com/content/upload/files/Presentations/Investor_Presentation_March_10_823534.pdf
One month later in April 2010 the Crown Polymetallic Resource has been removed from Investor presentations - refer to slide 23:
http://www.lynascorp.com/content/upload/files/Presentations/MMTA_APRIL_2010.pdf
- Forums
- ASX - By Stock
- contact and complain
Numbers are rough:In June 2007 Lynas Corp Ltd had an investor...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.12 |
Change
-0.100(1.61%) |
Mkt cap ! $5.725B |
Open | High | Low | Value | Volume |
$6.12 | $6.21 | $6.10 | $6.518M | 1.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 15396 | $6.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.13 | 15451 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 12225 | 6.120 |
24 | 59342 | 6.110 |
24 | 61550 | 6.100 |
10 | 36199 | 6.090 |
10 | 43897 | 6.080 |
Price($) | Vol. | No. |
---|---|---|
6.130 | 16590 | 45 |
6.140 | 31370 | 40 |
6.150 | 46012 | 29 |
6.160 | 24776 | 14 |
6.170 | 27230 | 9 |
Last trade - 13.52pm 30/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online