What the Lynas holders and many others don't get is Lynas is a monazite deposit, which is well known for containing problematic levels of uranium and thorium. It is not easy acid leachable. Arafura have a phosphate rock which they have to dissolve most of in acid and hence this is very challenging (you would not buy Arafura because of this).
Thats why our met work is the most important thing and ignore all the noise if the SIMPLE acid extraction is successful it could be any week now then watch what will happen to our SP.
Long termers and new comers who understand how special the Ngualla deposit really is have so much to look forward to and my advice is to buy as many as you can in the 40's.
What the Lynas holders and many others don't get is Lynas is a...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $30.63M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $16.44K | 159.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1226250 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 161589 | 4 |
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| Last trade - 13.44pm 15/11/2024 (20 minute delay) ? |
| PEK (ASX) Chart |