LYC 4.18% $7.72 lynas rare earths limited

malawi, page-2

  1. 1,651 Posts.
    I know Y , Its going to cost them about $6 mill
    I would like to take you back in time to Anaconda Nickel Limited .
    They sold Mt weld for $5 mill plus $3.5 mill in debts
    Lets call it $8.5 mill AUD .
    In you post you say Mt Weld is worth $1 bill USD

    ................Now its worth.....................

    $1,550,000,000 in AUD...............................
    WOW What an investment thats 18,000% in 8 years
    If they think 6 mill is worth it im gonna have to go with em on that 1

    DYOR


 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.