LYC 0.66% $6.01 lynas rare earths limited

@primaj: "...any sales will be fine by me."Thats the problem:...

  1. 927 Posts.
    @primaj: "...any sales will be fine by me."

    Thats the problem: Only sales wich let some air for some net profit will be "fine"! But even if - lets assume they sold 2.500t at 23$/kg and cost of 18$/kg. That are 12.5 Mio.$.

    Lynas market cap is at 800 Mio Aud!

    Lets take 11.000 at 23$/kg price and 18$/kg costs. That are 55 Mio$.

    Lets further consider 800 Mio. Aud as "fair" in the light of this net profit expections.

    Where is the reason not to invest in another company? Or dont invest into share market? What is your hope with lynas and with lynas share price? That they reach this best case szenario i painted above?

    I see no reason to invest into lynas. What is your reason?

 
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