AL says the 25 Year number is based on how much they plan to expand to meet the market demand. So what you say is already built in. How accurately, only the the future will tell. I will again ask why this single test hole should have any impact on share price in next 15 years. That was the question, and you did not address it all.
One hole does not prove anything about size of reserve at all. It will not change by one once the size of reserves. It does not even change the amount of inferred reserves. All it tells Lynas is what they may want to explore in the future. And maybe where they don't want to put tailings. So will you explain why everyone is so anxious about the results. For Lynas important information. JMO it will have little effect on stock except maybe a day or two pop if it is real good. Pop will go away.
LYC Price at posting:
$8.85 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)