Australia's largest stock trading and investment forum Australia's #1 stock forum

LYC

Click for more information

3.00%

$6.86 lynas rare earths limited

EVs and Wind., page-171

First 171 Last

Share
Profile

Follow
EddieB

1,118 Posts.

756

27/04/24

12:24

Post #: 73536347
Share

Originally posted by ttroy: ↑

Molycorp 2.0. Lynas will eventually have the opportunity, again, to pick up the assets for cheap. IMHO

The decrease in NdPr pricing to levels not observed since November 2020 has led MP Materials to decelerate the ramp-up of its Stage II project, which focuses on NdPr oxide production, due to high initial production costs.The firm also noted that while MP Materials' Stage III project, involving NdPr magnets, may begin contributing to EBITDA later in the year through initial alloy production, substantial magnet production is still considered a long-term possibility. Furthermore, the shift in the automotive industry towards plug-in hybrid electric vehicles (PHEVs) over battery electric vehicles (BEVs), coupled with the expected lack of recovery in legacy NdPr demand in China, prompted the revision of the stock's outlook.

https://au.investing.com/news/company-news/jpmorgan-downgrades-mp-materials-stock-on-ndpr-pricing-concerns-93CH-3212447

Expand

Totally agree. Lynas missed the chance post molycorp but may well get a second chance.
Would be madness to merge now; just wait and pick up the pieces cheap.
Remember one volumous poster recently advising we should emulate MP's processes??

LYC Price at posting: $6.19 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 4 more messages in this thread...

First 171 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.86		Change 0.200(3.00%)		Mkt cap ! $6.412B

Open	High	Low	Value	Volume
$6.72	$6.90	$6.72	$35.19M	5.141M

Buyers (Bids)

No.	Vol.	Price($)
2	1605	$6.85

Sellers (Offers)

Price($)	Vol.	No.
$6.86	65562	5

View Market Depth

No.	Vol.	Price($)
1	145	6.850
4	2840	6.800
1	100	6.790
1	3000	6.780
1	150	6.750

Price($)	Vol.	No.
6.880	10000	1
6.890	5449	6
6.900	12265	7
6.910	1746	2
6.920	12000	3

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last $6.86			Change 0.200 ( 3.28 %)
Open	High		Low	Volume
$6.72	$6.90		$6.72	1399403
Last updated 15.59pm 10/05/2024 ?

LYC (ASX) Chart