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2.60%

$6.73 lynas rare earths limited

Good link/analysis--thanks.

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Neoarchean

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27/05/20

10:52

Post #: 44862064
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Originally posted by InvestorExx: ↑

There has been a few articles written about this. And they extrapolate reasons including foreign ownership, and then on to%100 US reliant only . Does anyone know of any official mention on the US ownership criteria, which would nix our chances?

The following article is a elaboration of the situation thus far. The problems with the initial participants seem to be all about Mount Pass. 10% chinese ownership and worse still not the right heavy rare earth elements that the DOD needs.

The only thing negative for LYC is that everybody knows that we are forging ahead whether or not we win the award. The DOD could delay enough past the point of need and invest from a later phase saving a cool$40 mil. Or not at all in LYC and be an ordinary customer later Man! I remember the urban myth(?) of $4000 hammers being used at the pentagon maintenance. We will charge them an arm and a leg.....

https://foreignpolicy.com/2020/05/25/china-trump-trade-supply-chain-rare-earth-minerals-mining-pandemic-tensions/

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Good link/analysis--thanks.

LYC Price at posting: $2.08 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $6.73		Change -0.180(2.60%)		Mkt cap ! $6.253B

Open	High	Low	Value	Volume
$6.74	$6.77	$6.67	$26.14M	3.894M

Buyers (Bids)

No.	Vol.	Price($)
31	23090	$6.72

Sellers (Offers)

Price($)	Vol.	No.
$6.73	25061	62

View Market Depth

No.	Vol.	Price($)
20	5648	6.720
35	39668	6.710
24	36441	6.700
21	38004	6.690
16	12144	6.680

Price($)	Vol.	No.
6.730	23494	53
6.740	20689	36
6.750	32249	16
6.760	8257	8
6.770	81570	6

Last trade - 12.53pm 24/05/2024 (20 minute delay)


Last $6.72			Change -0.180 ( 2.71 %)
Open	High		Low	Volume
$6.73	$6.76		$6.67	350020
Last updated 13.08pm 24/05/2024 ?

LYC (ASX) Chart