LYC 1.27% $7.78 lynas rare earths limited

I have to disagree about one thing. The WLP is no longer an...

  1. 7,722 Posts.
    lightbulb Created with Sketch. 509

    I have to disagree about one thing. The WLP is no longer an undefined problem. It is finite. C&L will be moved to AU. That there should be no more WLP produced in M after late 2023 Early ’24. This puts limits on the amount of WLP. Knowing this should help the People relax and come up with a solid plan. I do not think it is the correct thing to do but I think it will end up being a PDF. I believe recycling it is better. Politically I just do not see it happening. Once WLP is solved then people will no longer confuse WLP and NUF which I think happens allot, many times deliberately. Then it will be easier to decide what to do with NUF. I hope it is Recycle. We will need much more time to see what happens. I believe POL is correct and REO prices will rise and when that happens the income from recycling or cost of PDF for NUF will be just a blip on Lynas’s earnings. Blip is less than a AUD 20M / first year swing between them. Then ongoing less than 5M / year.


 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.78
Change
-0.100(1.27%)
Mkt cap ! $7.281B
Open High Low Value Volume
$7.79 $7.82 $7.70 $2.816M 361.7K

Buyers (Bids)

No. Vol. Price($)
13 14789 $7.78
 

Sellers (Offers)

Price($) Vol. No.
$7.79 3264 17
View Market Depth
Last trade - 11.14am 12/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.