It won't be long SP will go back to .004---Reason , LCY Iron Ore Deposit is zero value due to the big Iron Ore Miners can ramp up their production anytime to meet demand without spending a lot of money---If LCY can mined their Iron Ore deposit with production cost of US$ 14 per ton and can deliver to India their iron ore with AISC of US$ 25 per ton then LCY SP will move if not .004 is the desired SP until proven that they have right amount of gold--- In regards to rare earth, Lynas can produced whatever lacking in regards to world demand and can bankrupt those ambitioning to be a rare earth producer...IMHO so please DYOR...
- Forums
- ASX - By Stock
- This baby is in no mood to head south...
It won't be long SP will go back to .004---Reason , LCY Iron Ore...
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCY (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LCY (ASX) Chart |
Day chart unavailable