guys, ive been researching this stock lately as one of a few potential buys and it is ticking a number of boxes for me that a lot of other resource juniors don't:
- plenty of cash on hand
- plenty of ore already stockpiled
- potential to expand resource base with further drilling
- transport organized (i believe)
- processing plant commissioned
- most of the production already sold into informal agreements
- a commodity that isnt overhyped at the moment but has a solid growth profile
it looks like a sure winner, but before i get carried away what are the key risks do you think? I am not asking for downramping, but just honest discussion about some areas of risk or where things could come unstuck for LYC
My thoughts on risks are:
- rare earth market appears to be extremely concentrated, if there is a significant commercial discovery made elsewhere it could greatly affect the supply/demand dynamics of the market
- getting ore to Malaysia, potential for Port or Rail congestion?
- price increases for reagents used in processing the ore (which appear to be the major cost of production) could greatly change the economics of the project
- price of energy, the whole thing looks to be fairly energy intensive
anything i missed or discussion on the above comments?
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- this looks a winner but what are the key risks
guys, ive been researching this stock lately as one of a few...
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Last
$7.80 |
Change
-0.090(1.14%) |
Mkt cap ! $7.290B |
Open | High | Low | Value | Volume |
$7.85 | $7.94 | $7.77 | $14.33M | 1.828M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5039 | $7.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.81 | 6633 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5039 | 7.780 |
1 | 769 | 7.770 |
5 | 20462 | 7.760 |
8 | 42388 | 7.750 |
2 | 17508 | 7.740 |
Price($) | Vol. | No. |
---|---|---|
7.810 | 6633 | 1 |
7.830 | 15412 | 3 |
7.840 | 12624 | 1 |
7.850 | 17624 | 2 |
7.860 | 12624 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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