LYC 0.34% $5.93 lynas rare earths limited

Yes will be interesting to see if they provide any number...

  1. 550 Posts.
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    Yes will be interesting to see if they provide any number projections going forward. The previous forward financial projections and outlook was a bit light on detail - understandably given the state of REE prices at the time. I do note they said low REE prices could be the new normal and prices to June 2016- 2017 were up about 40% (and close to 85% to date). Difficult to say how much lynas actually receives for their REE given the one quarter price lag but also the added premium they state they obtain. Positive forward projections will do a lot for the share price.
 
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