LYC 1.93% $6.10 lynas rare earths limited

AsianMetal primarily.The precise numbers don't really matter...

  1. 120 Posts.
    AsianMetal primarily.

    The precise numbers don't really matter though as they only serve to demonstrate a point. It's very hard to tell exactly how much is recoverable or the true extent of the Crowwn and Coors deposits. It could even be much more than 300 billion in ground value.

    Apart from the ridiculous valuation though, other points I wanted to make to ASIC were that this is indeed a strategic resource for LYC even though it has been presented as not being so, and the level to which NC personally benefits from the deal.
 
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