You've obviously held this stock for so long that you've started believing your own propaganda. You were saying the same about NTU not getting the finance to build the pilot plant and how wrong were you with that ? Bth ARU and PEK could have the concentrator in place and shipping product before the end of next year.
You are assuming that LAMP will continue to have the license renewed in 2019 and that NdPr prices remain high enough for Lynas to make a profit.
After years of running at a loss Lynas now sits in a sweet spot and surprise surprise, bondholders heading for the exit every 2-3 weeks. Is that because they know something the small shareholders don't or are they nervous because Lynas previous record and are getting out while ahead ?
Btw, ARU and PEK are the only 2 miners listed on ASX that I'm aware of but I'm sure there are plenty more out there that are listed on other xchanges looking at getting into NdPr and more advanced then this two.
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81 | 6.180 |
2 | 12000 | 6.160 |
3 | 15000 | 6.150 |
1 | 1000 | 6.140 |
3 | 5534 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 43756 | 3 |
6.260 | 1545 | 2 |
6.280 | 3279 | 1 |
6.290 | 27747 | 5 |
6.300 | 17068 | 11 |
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