Brilliant news, there was fire in the smoke indeed. Sp should continue up tomorrow - it won't happen overnight, but the true value of this news is really a doubling of our sp.
Honestly.. as a long termer.. and having at times put significant thought/time into LYC, it's almost more than the movement in sp. It's a huge SIGH of relief, and I for one will have a glass tonight. I'll enjoy a big rerate in sp in due time..
Cheers all holders, AL, and rest of the team
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@sparkie1 I did a back-of-a-napkin calculation yesterday, just in the last Q we likely stockpiled around 250t (90% rev from NdPr= ~$115m. Assuming the low end of NdPr price of AU$90/kg we sold ~1,277t, but produced 1,526t).
I'd guess something similar the Q before, and some more in the 3-6 months before this. So.. 800t? 1,000t?
LYC - Malaysia to update Lynas operating license conditions, page-26
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