LYC 2.97% $6.71 lynas rare earths limited

Tan,If nothing changes, Lynas will only be able to continue part...

  1. 169 Posts.
    lightbulb Created with Sketch. 20
    Tan,
    If nothing changes, Lynas will only be able to continue part of its operations in Malaysia.
    Further, it often takes more time and more money than anticipated to build and commission a new plant, as Lynas has already demonstrated. If nothing changes in Malaysia, this poses an existential risk to continued operation of the company if the new plant is not fully commissioned before C&L is forced to shut down in Malaysia. Though an extension might be negotiated, I anticipate it might be attached to another $100M bribe.
    I am hopeful, but not blind to the political and operational risks ahead.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.71
Change
-0.205(2.97%)
Mkt cap ! $6.253B
Open High Low Value Volume
$6.74 $6.77 $6.67 $27.58M 4.109M

Buyers (Bids)

No. Vol. Price($)
25 22226 $6.70
 

Sellers (Offers)

Price($) Vol. No.
$6.71 33754 52
View Market Depth
Last trade - 13.36pm 24/05/2024 (20 minute delay) ?
Last
$6.69
  Change
-0.205 ( 3.15 %)
Open High Low Volume
$6.73 $6.76 $6.67 433420
Last updated 13.56pm 24/05/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.