It seems like every time the share price builds a head of steam to the upside the market conspires to eradicate those hard-fought gains. It kinda reminds me of the proverbial spider on the rain spout. Anyway, on the surface things are looking a bit less than lustrous and many LYC investors are wondering if anything positive is on the horizon. I must admit it seems like things have been standing still for some time but further investigation reveals that the major projects are coalescing, resulting in a imporved processing chain that has been significantly upgraded for efficient operation…
I often wonder these days just what the actual throughput of the entire chain will be when the projects at Mt Weld, Kalgoorlie and upgrades to Kuantan (LAMP) are completed, commissioned and fine tuned to produce the throughput we have only dreamed about thus far…
In other words, despite less than favorable market conditions, Lynas continues other make progress and more importantly generates significant revenue and positive cash flow. Amanda never let the foot off the gas and IMO there will be many benefits rising from this growth during this extended slow period…
Bottom line, despite all of the obstacles, Amanda has managed to keep Lynas profitable and the clear leader in ROW rare earth production. I know many long term investors understand the many dynamics that surround Lynas both as a company and a long term investment. Lynas is an amazing story and I honestly think the best days are nearly upon us…
BTW, while local trolls continue their mindless rants and unfounded degradation of a pretty successful company, we have to remember we live in free countries and it is anyone’s right to spread the BS wherever they can get away with it...
Perhaps Night Stalker correctly summed it up when he suggested that some posters are best appreciated on ignore…
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Last
$7.71 |
Change
-0.090(1.15%) |
Mkt cap ! $7.206B |
Open | High | Low | Value | Volume |
$7.78 | $7.80 | $7.59 | $17.72M | 2.310M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16763 | $7.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.73 | 13637 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16763 | 7.700 |
2 | 2845 | 7.660 |
1 | 13341 | 7.630 |
2 | 32483 | 7.620 |
2 | 24838 | 7.610 |
Price($) | Vol. | No. |
---|---|---|
7.730 | 13637 | 5 |
7.740 | 13341 | 1 |
7.750 | 13341 | 1 |
7.760 | 13341 | 1 |
7.770 | 13341 | 1 |
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