LYC 2.10% $1.71 lynas corporation limited

Question AusRead something today that implies business as usual...

  1. 20 Posts.
    lightbulb Created with Sketch. 15
    Question Aus


    Read something today that implies business as usual for Lynas with a target  of $3 something.


    Why?


    It suggests Lynas may be able to ship  WLP back to Australia. and create a permanent storage facility. Licensing in Australia may have challenges.


    If Lynas shut their Malaysia operations, concentrate product from Mt Weldwould be saleable in China while Lynas restructure processing.


    It implies Lynas has 2 process steps in Malaysia, Cracking and Leaching and Solvent extraction. They believe that the WLP waste is generated after the cracking and leaching stage therefore, Lynas may be able to invest in a cracking and leaching facility in Australia, keeping the WLP waste in country. Lynas could then ship a cracked and leached product to Malaysia for the solvent extraction step utilising existing facilities. 


    Any thoughts from the RE experts?

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$1.71
Change
0.04(2.10%)
Mkt cap $1.111B
Open High Low Value Volume
$1.66 $1.75 $1.66 $4.820M 2.826M

Buyers (Bids)

No. Vol. Price($)
6 22668 $1.71
 

Sellers (Offers)

Price($) Vol. No.
$1.71 13640 10
Last update - 11.39am 11/12/2018 (20 minute delay) ?
(live)
Last
$1.72
  Change
0.04 ( 2.94 %)
Open High   Low Volume
$1.66 $1.75   $1.66 548007
Last updated 11.57am 11/12/2018 (live) ?
LYC (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.