You ignore Lynas' global expansion plans. KAL will be up and running soon enough. The company has hundreds of millions in the bank. China is relentlessly been manipulating prices and now China risks war with much of the rest of the world. As one of two major miners/refiners outside of China, Lynas strategic value will become much more apparent moving forward.
Amanda's and the Board's actions have little to do with internal Malaysian politics. In the meantime massive investments are being made by the major auto manufacturers in North American and European battery plants.
There will be significant shortage of RE's moving forward. Lynas relationships with both Japan and the U.S. will serve them very well.
The groundwork is laid. Why fiddle with a good thing?
As the old (profane) prayer goes: "Lord, don't let me f up"
You ignore Lynas' global expansion plans. KAL will be up and...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.56 |
Change
0.090(1.39%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.53 | $6.58 | $6.51 | $14.95M | 2.285M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $6.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 6919 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.55 |
Change
0.090 ( 1.39 %) |
||||
| Open | High | Low | Volume | ||
| $6.53 | $6.58 | $6.51 | 732559 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LYC (ASX) Chart |