Ridiculous post coppertop... Basket price is not of concern to lynas?! Who are you kidding?
So its no coincidence that last year when the basket price BUBBLE was up, lynas was $2+...? Did the basket price effect their sales contracts then, or were they always going to sell for $30?
Its crazy to come on here and make out like the price of rare earth has no impact on a rare earth mining company... Laughable...
People need to stop over complicating things... When lynas and moly come online, prices will fall further, simple supply / demand...
I've been looking for an entry into lynas, but now I'm changing my strategy from "wait for a good entry price" to "wait until ree prices actually stabilize"
new reo prices and basket price, page-16
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |