Bsumisu
I chose that cash inflow because they tentatively said that production should be higher than the previous quarter. The REE price basket is little changed. Small production increase. It is a guess because the guidance from the company is so vague.
To achieve $30 mill production, something really special would have to happen. Neither the tone of the last quarterly, the current share price action, nor the latest presentation indicate that this will occur. I think I have been generous.
The costs and cash backing are figures directly taken from the last quarterly. Nothing to hide there.
LYC may become a strong buy. But at the moment, it's existence is in jeopardy based on some simple math. Money out far greater than money in. Debts to pay. No massive change to this equation appears on the horizon. Capital raising seems a certainty.
Again. No expert. Just some observations to add to the conversation.
Milesy
BsumisuI chose that cash inflow because they tentatively said...
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Last
$6.05 |
Change
-0.050(0.82%) |
Mkt cap ! $5.655B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.08 | $6.03 | $11.79M | 1.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44715 | $6.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.06 | 5000 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |