LYC 2.89% $5.69 lynas rare earths limited

Nd has been bouncing in the USD 32 ~ 35 range which is well...

  1. 7,205 Posts.
    lightbulb Created with Sketch. 485
    Nd has been bouncing in the USD 32 ~ 35 range which is well below What they need to show a profit with PDF and moving C&L expenses,

    Do you expect the Next Q report to be good? I do not!. first Revenue with shutdowns and curtailed production Very low REO prices last Q . Rember AL has told us there is about a 90 day delay between street price changes and revenue impact, though with the confusion of this Q that may not be true. But with no data indicating how it will change I have to use it. I would expect revenue to be in the AUD 50m ~ 60m range Not very good news after doing 101M last Q,

    Next cash which is probably the most watched number in Q reports. Cash went up last Q 13 M to 124.6M . Now this Q we start with Lower revenue. then add in Posible payment on PDF. Early payment on long lead items for K C&L. Cash will drop. On the plus side, they may have received a payment for phase one Blue Line from US gov before it was shut down. phase one was USD 5.0 No announcement but none was needed. AL talked extensively, in Q3 CC, about savings on energy and chemicals when plant was closed or at reduced production. Take all this together and I expect Cash will drop below AUD 100M. That's one of those crazy things. only a 1% difference between 99 and 100 but the sub 100 will have a big impact.

    You do explain one thing to me, Why the stock stays high. Many people have not taken all the announcements from company on new expenses and things like ND prices and curtailed production and do a back of the envelope calculation on what the Q might be, So they keep buying. Not saying you are, but someone is.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$5.69
Change
0.160(2.89%)
Mkt cap ! $5.318B
Open High Low Value Volume
$5.51 $5.72 $5.51 $34.45M 6.117M

Buyers (Bids)

No. Vol. Price($)
5 75089 $5.68
 

Sellers (Offers)

Price($) Vol. No.
$5.70 63441 5
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$5.70
  Change
0.160 ( 3.08 %)
Open High Low Volume
$5.55 $5.72 $5.53 1881896
Last updated 15.59pm 28/03/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.