Tick...Japanese with all their earthquake problems still put up the $250m for LYC phase 2
Tick...first feed from concentrations plant this week.
Tick...Crown deal dead never again to see light of day except for LYC $50B in ground resource for once LAMP successfully producing.
Tick...brokers upbeat valuations GS $3.75, Patersons $2.95 based on LT REO basket price of only $40, currently $163...you do the math if proves to be a permanent or even semi permananent shift in basket price due to the demand-supply-Chinese forces then running $160/kg long term equates to an NPV of $13.60 per share. Even running at half that level ($80/kg) equates to an NPV of $6.50 per share.
Pending positive outcome...by 30 June Malaysia hand picked environmental panel give the green light to LAMP.
Pending positive outcome...strengthen board governance with 2 independent directors with shareholder association allegiance.Timeline: ASAP
Pending positive outcome...LAMP first production Sept11, 18 months + jump on non-global competitors!
Pending positive outcome...LAMP phase 2 production 22,000 tonnes pa. Happy days.
Pending positive outcome...Crown start development under LYC control with synergies from phase 2. Happier days.
Crystal Ball...BHP / Rio in bidding war for LYC...or is LYC now cashed up ready to take them out!!
IMHO only. Good luck to all.
Tick...Japanese with all their earthquake problems still put up...
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Last
$7.90 |
Change
0.050(0.64%) |
Mkt cap ! $7.384B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.76 | $28.26M | 3.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14205 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 44842 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |