LYC 1.14% $6.22 lynas rare earths limited

Thanx Leeman, do you believe this part of the article? Sounds...

  1. 608 Posts.
    lightbulb Created with Sketch. 28
    Thanx Leeman,

    do you believe this part of the article? Sounds quite flawed to me ... what about the rest?

    "Molycorp is in the process of reopening the mine in 2012 as the lowest-cost operator,
    according to their calculation. They expect production costs at around $2.77/kg versus an
    estimated $5.58/kg in China and a potentially much higher cost operation at Lynas at about
    $10.11/kg. Molycorp engineers suggest that they will use one-half the amount of ore to get the
    same amount of usable end product."

    page 15 http://www.fas.org/sgp/crs/natsec/R41347.pdf

    GLTA

    Five
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.22
Change
0.070(1.14%)
Mkt cap ! $5.813B
Open High Low Value Volume
$6.21 $6.22 $6.07 $13.54M 2.193M

Buyers (Bids)

No. Vol. Price($)
2 12000 $6.20
 

Sellers (Offers)

Price($) Vol. No.
$6.22 12273 2
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.