Thank you for contributing OM. My background is institutional.
Let me spell out my motive for you...
There are too many overinvested holders on this forum who are depressed with their losses. Essentially, they start focusing on bad shareholder relations etc and a lack of announcements which are completely meaningless in the scheme of things. We already knew that Lyc had produced two samples... who cares if they produce another three. STOP THINKING THE LYNAS SHAREPRICE DESERVES TO BE BETTER THAN WHERE IT IS (on the information we currently have). Just because you bought in at $2 doesn't mean it is going to rebound there on successfully becoming a producer!
Maybe you guys should actually read the research report instead of looking for a short term hit of 'crack' which has no effect on the share price. Note the shareprice at the moment.
I will reiterate the three points for you
1) successful ramp up to 11ktpa run rate,
2) REO pricing finding a clear floor,
3) closing out any political uncertainty post the upcoming election.
Thank you for contributing OM. My background is...
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |