Looking at historical lynas market cap. It looks like it jumped very quickly from low 100m market cap in 2008 to a few bil in 2010. Lynas primarily went to production in 2014 at which point it started generating material revenue. So it had a multi billion market cap well before this. The attached screenshot shows market cap in USD (can't find one in AUD). source companiesmarketcap.com/lynas
This tells me what this could become given we are already on a fast track compared to other REE companies with a mining licence and early production potentially in 2024.
Peer comparison - size and grade, page-57
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Last
9.9¢ |
Change
-0.006(5.71%) |
Mkt cap ! $114.1M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $225.6K | 2.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51500 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 53634 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LIN (ASX) Chart |