The processing plant isn't commissioned. At depends on how well the asians are at building stuff, and unfortunately nothing seems to be finished on schedule now-a-days, which may test short-termers patience, as they yhink if they didn't have all this money tied up they could be making 10-bagers elsewhere.
And look at how much acid they need to process their ore.
I don't think transport costs will be a huge factor, as They are shipping a concentrate for re-fining.
Despite this LYC at these levels looks pretty attractive.
I am a big believer in the positive looking future for REE's.
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Last
$8.08 |
Change
-0.065(0.80%) |
Mkt cap ! $7.614B | |||
| Open | High | Low | Value | Volume |
| $8.10 | $8.16 | $8.06 | $1.659M | 204.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 13095 | $8.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.07 | 843 | 5 |
View Market Depth
| Last trade - 10.20am 08/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |