LYC 0.93% $6.53 lynas rare earths limited

Oh well believe what you want. If you think AC is going to raise...

  1. 7,257 Posts.
    lightbulb Created with Sketch. 492
    Oh well believe what you want. If you think AC is going to raise REE prices that is up to you. I am going to stick with my below AU 5.00 estimate 2 weeks after AR. The fact is that Profits will not support even that price unless NdPr jumps close to 350 RMB / KG WV.

    We will just have to wait and see, Make sure to put something in your Calander, in early September to tell me I am wrong, and how you were correct in holding for the last 3 years.

    Note to have an AU 6.00 price at a PE of 20 Lynas needs, 934M shares X $6 / PE 20 = AU $ 280 M in profit in the AR. they had 39 M in SAR so they need about 240 M in H2. could you show me with real numbers how they can do that. I doubt they will have half of that 120M. $160 M total for 2024.

    Doing this will help you to think not just dream and hope. For record 50 years ago I invested on hope and dreams. I am now doing much better investing with rules and data.

    BOL
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.53
Change
0.060(0.93%)
Mkt cap ! $6.099B
Open High Low Value Volume
$6.53 $6.58 $6.51 $6.242M 954.8K

Buyers (Bids)

No. Vol. Price($)
19 5010 $6.53
 

Sellers (Offers)

Price($) Vol. No.
$6.54 20745 33
View Market Depth
Last trade - 14.23pm 03/05/2024 (20 minute delay) ?
Last
$6.54
  Change
0.060 ( 1.16 %)
Open High Low Volume
$6.53 $6.58 $6.51 553572
Last updated 14.36pm 03/05/2024 ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.