Forget the noise. The key hurdles are:
(1) All clear with court hearing 19th Dec
(2) Production of product and first sales confirmed
(3) Cashflow positive
(4) Confirmation of phase 2 production
(5) Confirmation of costs
(6) Qualification of waste processing/disposal
(7) Re-election of current Malaysian Government
(8) Issuance of permanent operating licence
Only then can long term investors sit back in confidence that the share
price is been driven by fundamentals rather than sentiment and that the project
has been substantially de-risked.
I guess by then LYC will decend the HC richter scale to normality
and we can all have a happy 2013 Christmas.
With kind regards
Moorookamick
more variations of statement, page-18
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |