Don't worry I've felt plenty of pain with LYC, first bought June 2010 @ 55c and traded well for a near 10x all out @ 258c, but made the BIG mistake of buying back way, way too early, then missing my stop loss, for 5 long painful years underwater.
The first major positive was June Q 2015 when LAMP finally delivered 850t on spec NdPr to the Japanese, and I discovered how Lynas was negating Chinese dominance, that gave me the confidence to commit a lot of fresh capital.
In reality producing REO is the easy part, negotiating a profitable path to mkt is the really difficult bit, something all the glossies like ARU never attempt to deal with seriously, in fact most rolling over now and offering up low value concentrate to the Dragon.
Don't worry I've felt plenty of pain with LYC, first bought June...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $364.4K | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 92 | 3938185 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 951283 | 16 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ARU (ASX) Chart |
