LYC 0.49% $6.12 lynas rare earths limited

i am in at 40, page-19

  1. 2,328 Posts.
    lightbulb Created with Sketch. 213
    I have invested in 3 Rare Earth Companies LYC ARU and ALK.
    With our Lynas I hope the FIRB limit the Chinese to a 49% interest. I believe there is too much value in RE's for them to be put off by a reduced holding and whatever the value of the holding LYC is in for a stellar rise.
    ALKANE (ALK) are a Perth miner who have Gold and also a Dubbo NSW rare earths discovery which is currently being processed through a demonstration plant. The Dubbo Zirconia Project is a major world resource of Rare Earths which at 400,000tpa equates to US$100M pa and has an open pit mine life of 200yrs. Not forgetting the contained 23 Mlb of Uranium byproduct awaiting the NSW change of attitude (this alone at LT prices is worth upwards of US$1.5Billion).
    The way the Chinese are tying up the RE discoveries makes one wonder if they have/will run the ruler over Alkane.

    GL all holders
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.12
Change
-0.030(0.49%)
Mkt cap ! $5.720B
Open High Low Value Volume
$6.13 $6.17 $5.99 $31.54M 5.188M

Buyers (Bids)

No. Vol. Price($)
1 3000 $6.11
 

Sellers (Offers)

Price($) Vol. No.
$6.12 43410 2
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$6.08
  Change
-0.030 ( 1.46 %)
Open High Low Volume
$6.14 $6.17 $5.99 9068148
Last updated 15.59pm 17/06/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.