Jim B : Lynas is worth what the highest bidder is willing to pay for it.
Try a see a car that has been out of the showroom for a week and see how much you get for it.
There are different makes of cars and there are 17 REE .
If someone wants a Jaguar in particular he would not settle for a Holden.
Likewise if HREE are most in demand and in short supply ,one would not settle for LREE.
As such the value in the ground is not relevant ,unless every element in the lynas mix is in great demand and , there is a buyer that is willing to pay the top price for each element.
Lynas got NdPr which is in demand.But to process NdPr Lynas needs to process the other LREE in the mix which are oversupplied/lower priced by the likes of China
If someone wants a dining set,of 1 table and four chairs , don t think one would settle for 1 table and 100 shares....unless there is a need for the chairs.As such you end up with 96 chairs stock piled in your warehouse taking up space.
The value of the Elements in the ground differs for each company eg LYC,ARU,PEK etc
It all depends on the COP.
The COP eats away the sale price of the end product. Now what is the COP for Lynas ?
Estimating the value of the Mix at today s prices in such a huge mine is not right because other mines will come into competition in future.
Lynas lost the first cab advantage . The price of REE was higher and viable for Lynas to get into production. Values do change , as such your calculation will also change from year to year .Counting the chickens before hatched is not a good guidance.
Jim B: i agree"" "Nick Curtis isn’t sitting on 17,000,000 ..................One thing Curtis isn’t is stupid.""""
What you failed to tell us that Nic Curtis has been selling down his shares since the SP was around $2.00. How many bonus performance shares did he receive over the years with Lynas?????? How many did he buy/invest in ?
"One thing Curtis isn’t stupid."![]()
![]()
And not everyone is stupid either as evident by the sp. Ask Mr market.
You can fool some retailers, but not the big player fund managers .
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Last
$6.88 |
Change
-0.040(0.58%) |
Mkt cap ! $6.430B |
Open | High | Low | Value | Volume |
$6.92 | $7.05 | $6.83 | $13.27M | 1.918M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 966 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.90 | 18661 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2367 | 6.860 |
1 | 6556 | 6.850 |
1 | 13653 | 6.840 |
4 | 34685 | 6.830 |
6 | 32587 | 6.820 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 18661 | 4 |
6.910 | 10240 | 1 |
6.920 | 10240 | 1 |
6.930 | 10240 | 1 |
6.950 | 23444 | 1 |
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