Y would lyc sell any of its assets, hello we have no debt, we have 80 mill in the bank and 40% of our holders (Insto's) know that with the electric cars and other tech bits comming to market we are well placed to cope with the demand in the next 2 years. we need the finance to fund construction . No one can take anything off us yet and we will find 200 mill some where else, the sydicate of the 4 largest holders we holding 200 mill worth back in AUG 08.
1 Director has put in over 2 mill of his own money alone.
IMO we will be finance 1 way or the other because this is a very important mine to the world .
My thoughts only DYOR like i have
scenario
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LYC (ASX) Chart |