LYC 2.03% $6.74 lynas rare earths limited

lyc article sums it up perfectly, page-15

  1. 8,034 Posts.
    lightbulb Created with Sketch. 566
    Reading this article you would believe that Lynas are operating

    They do not have a license to operate as it has been suspended

    The AELB will oversee any operation

    They will have to be satisfied that Lynas can process dirt and water
    first

    As with any plant of this size there will be teething problems

    WOW Moneymaker that's the first time I have read that the SP about to rocket

    Rourkes and Soul Surfer still ramping hard

    To me the only way the SP will hit $2 is when the plant is operating safely
    And the election has been won

    In my opinion norther of these will happen this year

    I hope I am wrong but nothing has happened in a hurry and I don't
    Think that will change

    SMSL have done a pretty good job at delaying and the Government
    Are in no hurry to see operations start

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.74
Change
-0.140(2.03%)
Mkt cap ! $6.300B
Open High Low Value Volume
$6.75 $6.83 $6.72 $13.84M 2.049M

Buyers (Bids)

No. Vol. Price($)
1 4099 $6.74
 

Sellers (Offers)

Price($) Vol. No.
$6.77 3692 5
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.