LYC 0.00% $7.75 lynas rare earths limited

trading halt, page-36

  1. 1,819 Posts.
    lightbulb Created with Sketch. 93
    BytheBay - Agree 100%

    Announcement is 1 of 2 things.

    1. The Sojitz deal has been deferred due to Japan disaster so a capital raise is required to offset the funds they had allocated from that which were partly due this month

    2. They have forward sold product for funds to advance/ increase production rates and time lines

    Either way it is good imo. Clarity is always a good hting re funding.

    All posters thinking FRG stop as this announcement is not related.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.75
Change
0.000(0.00%)
Mkt cap ! $7.244B
Open High Low Value Volume
$7.81 $7.88 $7.66 $13.33M 1.713M

Buyers (Bids)

No. Vol. Price($)
4 17351 $7.74
 

Sellers (Offers)

Price($) Vol. No.
$7.75 85285 1
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.