Good thought but LYC seems to be selling everything produced, hence the need to start up Train 4. This should increase production by 33% . it is my expectation that Production costs will not increase by as much and there will be an advantage in economy of scale. Train 4 as announced in Qtly can be expected around March 2016. It is a significant change so expect an announcement or two.
Then the LT contracts and new buyers will happen. Have patience Luka the force is strong in this one.
In the mean time there is nothing to see here move along.
IMO share price will languish for a while, short term opportunities for traders. Then price will move in anticipation of increased production, usual suspects will cry pump and dump and all will be back to normal.
Good thought but LYC seems to be selling everything produced,...
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Last
$6.09 |
Change
0.030(0.50%) |
Mkt cap ! $5.683B | |||
| Open | High | Low | Value | Volume |
| $6.13 | $6.16 | $6.07 | $11.54M | 1.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17261 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 10576 | 2 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |