If you think Lynas is a mining company you clearly do not understand what they do very well.
Sure they mine at mt Weld however the greatest value add is as a specialist chemical company producing high purity, high value chemicals and selling them into a global market where demand will likely exceed supply for a while to come.....
LYC makes perfect financial sense, page-52
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$6.00 |
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Mkt cap ! $5.608B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.96 | $2.462M | 404.1K |
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| No. | Vol. | Price($) |
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| 2 | 726 | $5.99 |
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| Price($) | Vol. | No. |
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