The problem with your analysis is that you think of LYC as a mining company where it is, in fact a chemical company producing very pure RE oxides including custom spec work. Mining only takes place once or twice a year.
Happy to agree that the price is a little high at the moment but there are many upgrades in the pipeline which will command a higher price in the future,. Most of us are happy to wait a while for a bigger pay day/
LYC: insanely undervalued !!!, page-7
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Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |