LYC 1.65% $6.15 lynas rare earths limited

I bought lyc 3 years ago at 40c when it was just a hole in the...

  1. 3,140 Posts.
    I bought lyc 3 years ago at 40c when it was just a hole in the ground and rode it up to about $1.60

    I never thought it would go back to that level and beyond in its production stage..

    But then I never could have imagined the roller coaster that is rare earths prices.

    Up to $150 plus and now under $25???

    I wouldn't buy back into lyc @10c unless RE prices recover.

    If RE prices were at this level 2 years ago this would still be just a mineral deposit waiting on a favourable BFS.

    Now it's $1 bill spent on a mine and plant on a product that is no longer profitable.

    Who would have seen this coming? Btw I lost some of my profits on the downswing too so not here to gloat. Just amazed at the ride.

 
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Last
$6.15
Change
0.100(1.65%)
Mkt cap ! $5.748B
Open High Low Value Volume
$6.18 $6.37 $6.08 $26.63M 4.279M

Buyers (Bids)

No. Vol. Price($)
3 17840 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.17 8880 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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