LYC 0.50% $6.02 lynas rare earths limited

valuation of lyc, page-2

  1. 2,364 Posts.
    Rough calculation:
    Pessimistic: Phase 1 only, $60 basket price,$20 production cost/kg p/e of 10
    Then it's 11,000,000 kg x $(60-20)x10 = $8.8bn value
    Divide by 1.7bn shares = $5.18 once in production!
    Could be doubled either by phase 2 LAMP or by prices holding up.
 
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