Looking at the bigger picture: I’m glad Lynas didn’t go bust (thank the japanese for their support) unfortunately quite a few punters lost a tonne of money. With Molycorp kicking the bucket too people just can’t swollow rare earths at the moment. This unhappy sentiment is hammering the ARU share price. But Lynas is travelling quite nicely and very economically viable now at low Pr/Nd prices - good management makes all the difference (Amanda).
For those who bought late in the peace like Ausheds - well done and I wish I did too.
The worlds demand for Pr/Nd is about to pick up pace and the fact that the chinese increased their quota by 40% this year says exactly that. We need more mines outside china and everyone knows it. Lynas just can’t supply enough as it is, so who’s the next Lynas? Arafura
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $381.9M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $224.6K | 1.753M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
118 | 4858680 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 909299 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 256173 | 0.053 |
2 | 300000 | 0.052 |
2 | 200000 | 0.051 |
2 | 270000 | 0.050 |
3 | 170500 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 227951 | 3 |
0.055 | 215000 | 4 |
0.056 | 70702 | 3 |
0.057 | 285000 | 4 |
0.058 | 165401 | 3 |
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