"Problem is that without demand, minimum price schedules are useless"
Exactly Goofy, but lets for a second consider Lynas's central theme: "reliable, regular, quality supply, often to customer spec, LT offtake agreements, independence from the chaotic Chinese spot market".
What is that worth in terms of support from contracted customers with a 5/10 year outlook?
Doesn't mean they'll be piling up unwanted Ce in their backyards but I'd suggest they'd be amenable to some concessions to help Lynas thru this difficult period.
Business isn't all about knifeplay when you do it right, good relationships, partnerships if you like, will often work together at concessions for LT mutual advantage. Been there done that thru a couple of tight spots, quite fulfilling actually, builds very tight bonds.
- Forums
- ASX - By Stock
- LYC
- is lynas profitable at china fob prices?
is lynas profitable at china fob prices?, page-24
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$7.06 |
Change
0.040(0.57%) |
Mkt cap ! $6.599B |
Open | High | Low | Value | Volume |
$7.00 | $7.12 | $6.92 | $27.09M | 3.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 75156 | $7.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.08 | 480 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1200 | 7.000 |
2 | 1422 | 6.980 |
1 | 160 | 6.970 |
1 | 300 | 6.930 |
1 | 29 | 6.920 |
Price($) | Vol. | No. |
---|---|---|
7.080 | 480 | 1 |
7.090 | 5000 | 1 |
7.120 | 26300 | 4 |
7.130 | 6291 | 4 |
7.140 | 9857 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online