TYC
upside:
the asset is there, the processes and infrastructure are being built including in china, the board is impeccable, it is not just the organization of a company that is going on here, it is the organization of a whole industry
at a certain point in time (overseas land purchases approvals construction politics always take longer than projected) this company will imho be the leading company in the world in its field
downside:(1) as tensions increase between china and usa these materials will be seen as strategic and exports of raw materials may be curbed (imo risk estimate: 15%)
(2) the fuel to move the basic 'earth' will be considerably more than first estimated and since it is a game of percentages where yield is fixed, final product price flexibility must be available to contracts
best outcome:
prices for the rare earths rise as they become more demanded (some are wanted more than others and it is a basket of elements) and exports between china and usa (and allies) remain unmolested
cheers
hitched
our reasons are not prophets
when oft our fancies are
talkie newton joins board, page-5
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B | |||
| Open | High | Low | Value | Volume |
| $6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16304 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.56 | 2708 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |