LYC 2.37% $7.78 lynas rare earths limited

surprise surprise, page-14

  1. 954 Posts.
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    Fair1, always good to consider all angles. I did not rejoice in the last quarterly report. There are real issues to consider in the article. However what holds me in my position is that the price of RE continues to rise. If the price was going below 550 000- 580 000 for NdPr (as an example) I would do a deeper dive on what I think a fair SP should be in short term. In addition I await news on US expansions and the DoD as well Kalgoorlie and maybe even an agreement with the EU or European identity (remember all those folks from the EU visiting some months ago, going through quarantine just to visit the site?) . So there are multiple irons in the fire or shots on target to consider. When the global supply chain problems un-f***s itself sometime first half of next year, there may also be an announcement (I hope) that MY government restrictions on production levels are lifted. There is lots of room for growth. Then if you want a really short term dream imagine what would happen if the RE prices went back to levels 11 years ago while Lynas was at full capacity (but unlikely). However could NdPr hit 800 000? Maybe.
 
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Last
$7.78
Change
0.180(2.37%)
Mkt cap ! $7.272B
Open High Low Value Volume
$7.45 $7.92 $7.41 $46.84M 6.050M

Buyers (Bids)

No. Vol. Price($)
1 1000 $7.75
 

Sellers (Offers)

Price($) Vol. No.
$7.81 77676 2
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
LYC (ASX) Chart
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