LYC 2.36% $6.06 lynas rare earths limited

lyc way undervalued

  1. 1,910 Posts.
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    just browsing other threads i've noticed that lyc must be the most undervalued stock atm, we are a $1.3B company that has 25yrs worth or ree (one of the largest ree deposits in the world mt weld and duncan), have primary processing facility at mt weld, and have finished lamp phase 1 $800M and phase 2 is on its way to completion,
    first feed to kiln will occur in oct '12 and there is a guaranteed 10yr supply contract worth billions of $$$,

    all these postives and yet we are at bargain price of 79c ??? these $2 shares are on sale for 79c!!!!

    looking at SIR they are a $300m spec exploration company not diggin, producing or processing any ore, they have discovered a lot of deposit and their price is $2.40???? doesnt make sense hey??? this is totally baffling to me, market manipulation at its best???

    the major difference between sir and lyc is that sir regularly updates shareholders (weekly ) on asx, that why they are in healthy SP, Lyc should do the same approach and provide regular updates too!!!!

 
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Last
$6.06
Change
0.140(2.36%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.02 $6.12 $5.97 $11.52M 1.904M

Buyers (Bids)

No. Vol. Price($)
3 12791 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$6.07 13019 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
LYC (ASX) Chart
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