Australia's largest stock trading and investment forum Australia's #1 stock forum

LYC

Click for more information

0.35%

$7.06 lynas rare earths limited

Lynas USA project, page-2

First 2 Last

Share
Profile

Follow
sbondar

637 Posts.

143

22/08/23

11:44

Post #: 69475249
Share

Originally posted by mikaj: ↑

With the recently announced DoD funding and purchase of land, we should slowly start seeing an uptick regarding news relating to this. I thought it would be good to have them collected under a new thread.

To kick things off, I've come by some useful information:

- Land purchase was <$500k
- Expected cost for facility: $207m

This latter number would mean we have a ~20% buffer in our DoD 'allowance', likely no extra cost for us despite recent inflation.

Also, we have been approved for tax incentives, including tax on our future facility. For example, the value of our property has been fixed at $30m (instead of ~$300m), meaning tax on property will be $360,000/y rather than 10x that. More to come..

All numbers in USD.

Expand

This is very important data, thanks a lot for sharing. Cheers.

LYC Price at posting: $7.01 Sentiment: Hold Disclosure: Held
10 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 2 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $7.06		Change -0.025(0.35%)		Mkt cap ! $6.585B

Open	High	Low	Value	Volume
$7.05	$7.07	$7.01	$12.13M	1.720M

Buyers (Bids)

No.	Vol.	Price($)
17	5754	$7.05

Sellers (Offers)

Price($)	Vol.	No.
$7.06	4085	17

View Market Depth

No.	Vol.	Price($)
4	1175	7.060
21	9135	7.050
16	22347	7.040
12	29202	7.030
13	22231	7.020

Price($)	Vol.	No.
7.070	9410	18
7.080	8707	13
7.090	36987	17
7.100	58423	33
7.110	9321	7

Last trade - 11.15am 21/05/2024 (20 minute delay)


Last $7.07			Change -0.025 ( 0.05 %)
Open	High		Low	Volume
$7.05	$7.07		$7.02	92102
Last updated 11.33am 21/05/2024 ?

LYC (ASX) Chart