Some other things to take into consideration:
LAMP is unlikely to operate at 100% capacity - it would be more reasonable to allow for some down time to allow for maintenance, repairs, operational adjustment, etc.
Share dilution - LYC may have to issue more shares for funding. If the SP goes above $1.25, Mt Kellett CB will be converted sooner or later.
But the biggest risk is the REE prices. Prices peaked in 2011 and have been falling for over a year now. If they go back to 2009 or even 2010 levels LYC is in serious trouble.
projected profit with current re prices, page-29
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Last
$7.20 |
Change
0.160(2.27%) |
Mkt cap ! $6.645B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.27 | $7.09 | $13.48M | 1.875M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 18330 | $7.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 4378 | 2 |
View Market Depth
| Last trade - 12.52pm 10/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |