whilst i note and don't disagree on the the potential negatives, i would have to respectfully disagree on some points.
JP valuation would have to change considerably to reflect today's RE prices. Even taking a 50% lower approach to today's prices to balance risk, would see any valuation including a basket price 100% higher than the previous $35.
Many milestones are being met on the way to production, and traditionally these are factored in, and add value to SP. Financing. Expansion plans. Concentration plant. etc
I disagree that LYC will only reach fair value only at production.
De-risking and ticking boxes prior to production will add value to SP as we go, IMO. Seems to be happening now.
The RE sector is hot and getting hotter, not just Moly and LYC. I personally don't think we are following Moly. As the sector matures, people sort out the wheat from the chaff, and invest accordingly.
Thanks for your thoughts. Hope you made a bundle.
Cheers
LYC Price at posting:
$2.59 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)