LYC 0.08% $6.06 lynas rare earths limited

inferred value of crown deposit?

  1. 25 Posts.

    I may have missed this but has there been an in ground "independent" valuation by LYC of the Crown deposit of recent times? I note some speculative estimates of $50B , $100B and $150B in some posts lately but feel we as shareholders should put pressure on the Board for one now or at the AGM. This would serve 2 key purposes: 1. IMHO be a shot in the arm to the SP and 2. stymie any new shananigans with Matthew James curious move to Forge.

    Given Crown is a highly material asset we have a right to know this valuation as well as in fact the overall inferred resource value for LYC updated at least annually. Especially since basket prices are now so high.

    I recall an announcement that Crown will be off the table to allow focus on Phase 1 and 2 but surely a timely valuation now will will not be a distraction at all.

    Good idea thumbs up? Comments otherwise welcome.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.06
Change
-0.005(0.08%)
Mkt cap ! $5.655B
Open High Low Value Volume
$6.00 $6.08 $5.97 $4.752M 788.1K

Buyers (Bids)

No. Vol. Price($)
17 8648 $6.05
 

Sellers (Offers)

Price($) Vol. No.
$6.06 7776 25
View Market Depth
Last trade - 11.11am 25/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.