LYC 1.02% $6.80 lynas rare earths limited

Thanks very much, hw looi. So it’s Condis-Oil. Hope it’s not...

  1. 15,767 Posts.
    lightbulb Created with Sketch. 999
    Thanks very much, hw looi. So it’s Condis-Oil. Hope it’s not palm oil from Wong Tack’s family plantation
    So, having understood that, it seems that if Condisoil is licensed for sale, a significant quantity of WLP must still be stored awaiting processing into Condisoil. Onsite storage doesn’t seem to have caused a problem in 6 years, but Lynas just aren’t going to win that argument with Yeo, however I can’t see any valid reason why she objects to a PDF. She can’t even justify excluding a PDF from consideration with her dubious Precautionary Principle, there’s simply no doubt that if you store the WLP in a PDF then it’s minding it’s own business out of harm’s way. Perhaps the PDF solution will eventually be mutually acceptable and then Lynas can get Condisoil approved later down the track when the political climate changes.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.80
Change
-0.070(1.02%)
Mkt cap ! $6.552B
Open High Low Value Volume
$6.95 $7.01 $6.74 $29.11M 4.161M

Buyers (Bids)

No. Vol. Price($)
1 11125 $6.80
 

Sellers (Offers)

Price($) Vol. No.
$6.81 51963 5
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.