LYC 0.48% $6.19 lynas rare earths limited

how to get lynas to $8/share in one easy step

  1. 357 Posts.
    The big issue with the market's view of Lynas is the total uncertainty around the future basket price.

    Is it going to be $30/kg or $200/kg?????

    NOW - how about Lynas goes and converts its current suite of contracts - struck with reference to the prevailing spot price at the time of deliver - to FIXED PRICE CONTRACTS AT $90/kg FOR THE BASKET.

    That would give you some more certainty into the DCF. And would guide you to a BIG BIG NUMBER.

    Could it be done? Buyers want CERTAINTY OF SUPPLY above all else. Presumably they also see a risk that prices will spike higher for many years to come??

    If there is any justice in this world, this post will also get me to the top of the THUMBS UP queue.
 
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Last
$6.19
Change
-0.030(0.48%)
Mkt cap ! $5.795B
Open High Low Value Volume
$6.12 $6.21 $6.10 $2.107M 341.4K

Buyers (Bids)

No. Vol. Price($)
16 6753 $6.19
 

Sellers (Offers)

Price($) Vol. No.
$6.20 6988 10
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Last trade - 10.48am 30/07/2024 (20 minute delay) ?
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