I think you bring up a good point. Lynas didn't need 149 acres for a LRE and HRE separation plant. I have no doubt there are plans to go mine to magnet. This land was bought from Union Carbide and Dow Chemical. With the DOD involved I doubt there will be delays waiting for public approvals, etc. Dow already has a substantial presence there. Lynas has the capability to grow into the 933 million shares, but it would sure help our visibility if Lynas would pony up the $40,000. and get us on a major exchange. A lot of the funds won't touch anything under $5.
Deciphering Lynas, page-704
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Last
$6.32 |
Change
0.015(0.24%) |
Mkt cap ! $5.935B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.37 | $6.31 | $5.906M | 931.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 17822 | $6.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 6726 | 14 |
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| Last trade - 13.28pm 17/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |