LYC 1.98% $6.92 lynas rare earths limited

News: LYC UPDATE 1-Australia's Lynas posts record profit on rare earths demand, page-11

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    Following the H2 report on 25/2 we now have the upcoming quarterly update on approx the 3rd week of April, the following is a big hint on what we should expect:-

    Amanda Lacaze

    "Our customers expect demand will grow strongly as we move further into FY22," she added.
    The world's largest producer of rare earths outside China said net profit after tax for the six months ended Dec. 31 came in at A$156.9 million ($113 million), a near four-fold jump from the A$40.6 million recorded a year ago."


    The SP should move quickly towards $14 IMO after this announcement. Its a "no brainer" investment decision for me. GLTAH's
 
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