crono, my two bobs worth for ARU v LYC. ARU has the better piece of ground with phosphate. The ARU has many passionate and knowledge posters so a read of their thread is a must. The things against ARU are finance, no offtake agreements etc and no EPA approvals etc
LYC has offtake agreements and an impressive shareholding. While the final part of its finance (which is critcial) is yet to be confirmed.
On a risk reward basis ARU appears the best bet and if alls goes ok it will reward its shareholders many times over. However LYC is the safer play imo.
how many xmas presents had reo in them?, page-12
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |