Based on the company teleconference and recent report, i am comfortable that their free cash situation allows them to continue to plod along without tol for another 12 months before a real. Financial crisis hits... This takes us way past the deadline of an election with margin for the month shipping and production ramp up....
That does not mean i expect it to drag out that long, nor desire it... If, however, it happens, lynas will still be in a situation where it does not need to do a cash raising...
Sp would have been smashed, and mount kellett may have diluted value, but there is always a price for such a massive delay.
I have my fingers crossed for a snap election just after the malaysian budget handouts now....
I have kind ofof given up on a tol before the election, sadly.
Based on the company teleconference and recent report, i am...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |