@lambda: "Guys it takes about 8 days to ship from Fremantle to Malaysia, possibly one week at port customs and then it's off to the processing plant, all up 2 wks to get production happening after TOL is issued, don't believe the bullcrap of 4 months for ore delivery, that's just ridiculous, as it only takes 2 weeks, not a mosti 2 weeks, but an actual 2 weeks in western world!"
The 4 month of the other poster and the 6 month of Fosters was not about ore delivery, it was about the time from TOL to first cashflow! To calculate this time is important to see, if lynas needs furhter capital.
Fosters 6 month are realistic, because ore delivery means, you sent the product to customers and they need to test, if the product has the quality they needs. That needs time...
Maybe lamp has than to be adjusted?! That also needs time. and if customers are saitisfied the REO will be sent to them.
Sent the REO to customers and than getting the money also needs alone 1 - 1 1/2 month!
lynas morning report, page-22
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |