LYC 0.34% $5.93 lynas rare earths limited

Have you realized if they start producing 22000 tons of rare...

  1. 199 Posts.
    Have you realized if they start producing 22000 tons of rare earth with today's price i.e. $79.90/kg, sales revenue will be
    +1.5 billion dollars. Even if prices goes down to $50/kg it will be + billion dollars.
    They will start producing 3rd quarter this year. That is the biggest advantage as some other companies will take at least 2013/2014 to produce rare earth and they have 271 Million cash in hand.
    Any comments please
 
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