LYC 4.14% $7.04 lynas rare earths limited

lynas announcements? overdue?, page-18

  1. 2,364 Posts.
    As for your views on the basket.
    Yttrium is irrelevant to Lynes. Terbium is in undersupply. Europium is a bit of a worry but Lanthanum is looking much better than I expected from a demand POV.
    The business case was made and funded at basket prices much lower than they are currently and EN recently confirmed we will make a good profit at present prices.
    Demand looks robust for phase 1 and a proportion -at least-of phase 2.
    I doubled up hust before the election and I'm glad I did.
 
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