especially with 60 million shares still short

First 30 Last

Share
Profile

Follow
phantom8

880 Posts.

53

16/05/24

06:17

Post #: 73846997
Share

Originally posted by ausheds: ↑

Agree mkt reaction totally underwhelming but fair chance there's latent upside when fund mgrs eventually manage to join the dots.

Lynas close to completing a base capacity 12ktpa, including significant US production, and roughly half that is looking for new customers.

Together with the yet to be legislated $30kg NdFeB tax credit this further 25% tariff provides a powerful base for US mag manufacture, stimulating US PMM manufacture, in addition an ex China pricing mechanism for NdPr, one that doesn't oscillate wildly $40kg to $170kg driven by rabid speculation at the extremes in both directions.

With each of these developments the lack of commitment to take advantage by Lynas' largest customers becomes more glaring, specifically Shin Etsu & Protrial, former Hitachi metals, now US controlled.

Where are these two, perhaps also Daido Steel, when the foundations are being built for the first significant expansion of ex China mag capacity?

Really would expect some announcement from at least one of those three before much longer, perhaps then fund mgrs might woke.

Ramifications for NdPr pricing quite profound, mkt driven ex China pricing? What will China do with the 13% VAT designed to promote domestic NdFeB manufacture, largely ineffectual now?

All looks to be massive upside for Lynas but we may have to be patient to see it reflected in the SP.

Expand

especially with 60 million shares still short

LYC Price at posting: $6.90 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

FEX

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

CC9

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

SXG

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

AL8

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

There are more pages in this discussion • 4 more messages in this thread...

First 30 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.06		Change 0.020(0.33%)		Mkt cap ! $5.664B

Open	High	Low	Value	Volume
$6.03	$6.08	$5.97	$17.39M	2.875M

Buyers (Bids)

No.	Vol.	Price($)
1	36085	$6.06

Sellers (Offers)

Price($)	Vol.	No.
$6.07	17440	5

View Market Depth

No.	Vol.	Price($)
5	17528	6.040
4	43235	6.030
4	22812	6.020
2	23874	6.010
5	8800	6.000

Price($)	Vol.	No.
6.070	12944	4
6.080	4782	5
6.100	3500	1
6.110	14035	1
6.120	1000	1

Last trade - 16.10pm 19/06/2024 (20 minute delay)

LYC (ASX) Chart

especially with 60 million shares still short

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

especially with 60 million shares still short

Top Stories

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News