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$6.16 lynas rare earths limited

Lynas USA project, page-2

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sbondar

686 Posts.

148

22/08/23

11:44

Post #: 69475249
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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.

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

LYC Price at posting: $7.01 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.16		Change -0.090(1.44%)		Mkt cap ! $5.757B

Open	High	Low	Value	Volume
$6.23	$6.24	$6.14	$5.733M	918.9K

Buyers (Bids)

No.	Vol.	Price($)
14	2729	$6.16

Sellers (Offers)

Price($)	Vol.	No.
$6.17	20852	40

View Market Depth

No.	Vol.	Price($)
18	6763	6.160
28	39800	6.150
16	27380	6.140
15	11392	6.130
14	31682	6.120

Price($)	Vol.	No.
6.170	21138	42
6.180	34948	26
6.190	32899	15
6.200	20137	16
6.210	5379	5

Last trade - 11.30am 14/06/2024 (20 minute delay)


Last $6.15			Change -0.090 ( 2.10 %)
Open	High		Low	Volume
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Last updated 11.48am 14/06/2024 ?

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