LYC 0.34% $5.93 lynas rare earths limited

NdPR price, page-2319

  1. 7,409 Posts.
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    It has not wiped out all of Aprils and early May's gains 3/30 354 RMB WV to day 381 RMB. Good investing requires calm evaluation of facts when things are going the way you like and not the way you like.

    https://hotcopper.com.au/data/attachments/6196/6196409-fd13ea2f4c27ea3b30b2acd662cf692a.jpg

    Of course you have to blame someone else when things go bad. It cannot be your lack of research that is making your buy statement look so bad. Lynas has always been late and undercapacity. Only seems able to plan depending on what is happening right now never has contingencies. Here is a chart of production. AL told us in 2019 that they had a full month at NEXT rates and they would be at Next the following Q. Here is a chart Lynas is still at the original name plate. PLS explain how US caused that. Even she has started talking like 6 Kt NdPr is a good rate. There have been problems I agree. 5 years with this type of production says they are not planning on bad thigs happening. She made bold prediction for this calendar year. Now she is holding back because prices are low. they were lower than this when she made the promise. Are prices a convenient excuse or did she realize they were not going to be close? I have no idea which it is for sure but based on history of promise anything and seldom deliver i am sure you can figure out which way i am leaning. I was hoping prices would rise so we could see what they can do and i would feel good about buying.


    https://hotcopper.com.au/data/attachments/6196/6196411-d031482490bcbb365dba2173629694a5.jpg
    https://hotcopper.com.au/data/attachments/6196/6196423-15f6eb17d543e88365b828bec4768117.jpg

    Last edited by ContraryJ: 24/05/24
 
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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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