This is a complicated plant in a market that is not as known or understood like Gold, Iron Ore Etc
The wheels are turning all be it slowly but turning... I think this was a quite expected QTR report from the company. Jan sales are at $25 which is okay. And they are ramping up slowly to Phase 1. Its safe to say that Phase 1 run rate wont be achieved to April-May. But with steady increases and a stable basket price, the company will be positive cash flow within the next 3 months.. Its cutting it a little tight but i think they will make it...
LYC will be the world leader in this space. Watch the corp video... its quite impressive.. 2014 still will be a good year at 60 cents....
This is a complicated plant in a market that is not as known or...
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Last
$5.92 |
Change
-0.105(1.74%) |
Mkt cap ! $5.547B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $5.96 | $5.76 | $10.59M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 24331 | $5.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.92 | 14241 | 27 |
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| Last trade - 10.51am 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |