Its all about cash flow people! Lynas needs to start producing and selling rare earths which will de-risk the commissioning phase. There is a lot of risk during this stage which causes delays etc. Then there is the election and any future court cases. Mind you Lynas only has a temporary licence so there's is risks with that too.
Its a simple process and everyone just needs to be patient!
market has forgotten about lynas corporation, page-22
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.75 |
Change
-0.050(0.64%) |
Mkt cap ! $7.290B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.80 | $7.75 | $910.7K | 117.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3992 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 5975 | 10 |
View Market Depth
| Last trade - 10.10am 03/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |