I agree with you, building the plant somewhere else would NOT be the end of the world, just cause a big plunge and by no means a reason to be relaxed for somebody who is heavily invested here.
A LAMP is not a LEGO-house. The consequences of LAMP being canceled would be huge imo and besides a delay of aprox. 3-4 years (that is how long it usually takes from finding a location to ending up with all permissions ready to go) there would significant question arising:
- what about the contracts?
- has LYC thought about an insurance?
- what is the basis of new cost calculations?
- how would big investors act?
- at what level would an additional funding take place?
etc.
The worst thing for Lynas of course would be that a delay of 3-4 years would wipe out the #1 argument that has indeed spoken for LYC: Lynas would have no time advantage over ALK, LYC, GWM. Molycorp would for quite a long time be the only big player outside China.
BTW: being short with a small stake I feel VERY relaxed indeed.
regards
Julia
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Last
$8.36 |
Change
-0.035(0.42%) |
Mkt cap ! $7.820B |
Open | High | Low | Value | Volume |
$8.28 | $8.38 | $8.22 | $9.490M | 1.142M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2307 | $8.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.36 | 7764 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 6641 | 8.350 |
17 | 10576 | 8.340 |
12 | 8048 | 8.330 |
10 | 15416 | 8.320 |
9 | 48389 | 8.310 |
Price($) | Vol. | No. |
---|---|---|
8.360 | 3226 | 11 |
8.370 | 14761 | 18 |
8.380 | 5426 | 7 |
8.390 | 9144 | 13 |
8.400 | 12501 | 11 |
Last trade - 11.25am 02/07/2025 (20 minute delay) ? |
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