im confident that LYC will be profitable with a basket price of $30 and even $20...
the market will find an equilibrium: the lower the price of REE's, the higher the demand and less supply, which will drive up prices... hopefully LYC's decision to base the LAMP in malaysia will keep it on the right side of the equilibrium.
it comes down to confidence in the management, confidence that they can lock in sales contracts and make the business profitable. things like the magnet JV give me that confidence.
im confident that LYC will be profitable with a basket price of...
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Last
$6.29 |
Change
0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.25 | $15.56M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16021 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 18021 | 4 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |