Ultimately it went to plan and there weren't any surprises - Chlor-Alkali commissioning next month - that's going to be the real test. I believe, and don't quote me on this, it was due to a tax bracket that ended up costing earnings the 13 cent miss - so without the accounting issue - Moly would have made expected earnings.
Again - was mid meeting when I was listening to the webcast - so I can't guarantee that's exactly what was said.
Q3/Q4 showing an upswing in REE demand - looks like both Moly and Lyn are coming online together - though I do have to say that under Con K Moly really have gotten their act together compared to their "Molymess" days - which look to be well behind them now.
Ultimately it went to plan and there weren't any surprises -...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |