Not thrilled by the quarterly.
AL made comments on the call about their CapEx budget being 1.2B over 2 years in response to a question about plans for the cash on the balance sheet. That was the first time I've heard that figure being thrown out.
I was hoping now Kal is about to conclude they may start a dividend. But I got the impression CapEx expenditure is set to continue on with further upgrades to LAMP, Kal, and Texas.
I'll keep holding for long term growth. Seems like they can double through put on LAMP with Kal. NdPr prices will pick up again.
Not thrilled by the quarterly.AL made comments on the call about...
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Last
$6.06 |
Change
0.080(1.34%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.11 | $6.11 | $6.02 | $16.85M | 2.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26100 | $6.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.08 | 3000 | 1 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |