LYC 2.86% $6.11 lynas rare earths limited

At 90c, LYC would have a market cap of ~$1.6Bn, and an EV of...

  1. 346 Posts.
    At 90c, LYC would have a market cap of ~$1.6Bn, and an EV of ~$1.4Bn (with $200m cash)

    Assuming a basket price of $50/kg is achieved for Stage 1, 11ktpa, with opex of $15/kg...LYC is trading at a forward P/E of 4x (Stage 1)

    Cheap unless the basket price is heading for sub $50/kg
 
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