"C) Does Greenland Minerals have a cheap nearby source of chemicals in Greenland? Are they any industrial plants nearby? I am not sure of the answer but i am doubtful. I shudder to think that the company has to ship all their chemical by boat to green land."
I read about that some days bevore (havent the source in mind). But there seems to be absolute no infrastructure! They havent only the problem of the chemicals.
And do you know the mix of steenkampskraal? Look at the picture below. Steenkampskraal (number 36) has a similar REO value per kg as mt weld LCD. But the most interesting recource is Number 26: MT WELD DUNCAN! It has the highest value of REO mix of the recources that contain a rare earth oxides value of 1000 US$ per tonne of dirt!
Duncan is the holy grale of the REO oxides worldwide! And the effect of falling LREE and rising HREE will provide more value to DUNCAN!
The picture below doesnt seem to be that spectecular. But if you really think about that picture and take some time for that, you get aware, of how beautiful DUNCAN is and what DUNCAN meens for lynas and for the REO industrie!
lynas ree prices drop to under $50, page-40
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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 | $7.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |