LYC 1.65% $6.15 lynas rare earths limited

speeding tickets, page-6

  1. 46 Posts.
    its good to see an RE stock during well, buts lets put the NTU move in perspective of LYC...

    As I understand it:
    1) NTU has increased MV by ~ $20M over the past few days.
    2) lets say LYC owns ~8% of NTU <-- philh9's post
    3) LYC's value in NTU has increased by ~$1.5M or 0.1c (Yes - $0.001) per share...

    (I'm not trying to 100% here and will easily eat humble pie, hence please correct my math if its wrong... )

    With this in mind though jaimejon, what part of the proposed NTU JORC do you think is going to be influential to the LYC price?

    dyor...
 
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