Of Course there is cash burn. there always is.. There ramping up.. What do you think they pay their workers with apples...
They had teething issues like every other start up which they are now over with.. So ongoing production issues? False Statement.
Rare Earth price is low but at a certain volume they make money... if the rare price was higher they would make money with less volume but no matter... Just another month or two and they will achieve there targets... Rare earth price cant go any lower...
over 94% down in 3 years, page-21
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Last
$6.01 |
Change
-0.015(0.25%) |
Mkt cap ! $5.598B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.04 | $5.76 | $33.29M | 5.633M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 52152 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.01 | 39762 | 45 |
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| LYC (ASX) Chart |