If Lynas changes up exchanges it’ll be NASDAQ almost unquestionably, but it wasn’t that long ago Amanda showed essentially zero interest. I believe a better US listing makes most sense in conjunction real progress on LynasUS rare earth refineries. But as that project has faded from sight I don’t see it happening.
There is a very real possibility that the current KAL MAL reset is so challenging that any distraction like new US ops is seen as more of a risk than the benefit it will provide the ROW market in the absence of a delay. This suggests in my opinion that the need for Dy is still not critical. I don’t like that; I prefer to hear about Japanese magnet makers growth and increasing demand for ROW Dy.
Finally regarding uplisting in US, ASX100 inclusion comes first in Amanda’s heart as she herself said to the interviewer iirc.
LYC Price at posting:
$8.79 Sentiment: Buy Disclosure: Held
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