LYC 0.33% $6.07 lynas rare earths limited

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  1. 236 Posts.
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    There have been some truly ridiculuous posts on here by some individuals, such as commissioning is beginning etc. just to reiterate commissioning was undertaken months ago, speaking to a fellow process engineer with an associate at lynas I was told it was a very complicated procedure, to get things up and running at lynas. Commissioning is ove!!!r, once continuous feed occurs next week small scale production will occur; a ramp up period of 3 months is quite fast. If no major hiccups occur I'm sure this can be achieved. Every piece of equipment has already been thoroughly tested.

    To all the shorters and doubters, stop crying that you purchased too high value is wiped out etc. you chose to enter a risky game, I am happy to hold, IMO much of the risk has been removed, but anything can happen. Market will always price accoring to Fundamentals...eventually, so that means cashflow. Happy holding to all my fellow longs
 
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$6.07
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$6.08 $6.09 $6.02 $35.62M 5.828M

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No. Vol. Price($)
4 298927 $6.06
 

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$6.07 30108 3
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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