Thanks mate. Which Forum is he on?
LYC - Lynas Rare Earths
- Thread starter nioka
- Start date
fdi intelligence article dated 17 August 2022 talks more about 'Chinese spin and misinformation'. Also, wasn't aware that Norway has a significant potential resource for rare earths, and Sweden has the potential for byproduct extraction of rare earths in the near term. Might research this more.
www.fdiintelligence.com
Have a very nice day.
Kind regards
rcw1
Beijing-linked influence campaign takes aim at Western investors
Lynas and other rare earths companies have seen a flurry of China-originated online claims
www.fdiintelligence.com
Have a very nice day.
Kind regards
rcw1
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,131
- Reactions
- 11,231
Another cracker of a FY return when comparing YoY for certain commodities. Mostly appreciated by the market with a few of these companies having doubled over the past year or two. LYC off highs but did find support at $8. Looks like they're going to need all that cash for growth capex over the next couple of years.
With a move away from China to secure our own critical minerals I think producers outside China for things like REE, Li, Ti, etc may still see strong growth. Only a possible World wide depression or not impossible war over Taiwan could be be a stumbling block.
With a move away from China to secure our own critical minerals I think producers outside China for things like REE, Li, Ti, etc may still see strong growth. Only a possible World wide depression or not impossible war over Taiwan could be be a stumbling block.
MHO, interested within this range 6 to 7 with another ASX down day. We are lucky, it's our reporting season.
✌Retired's pocket money is restricted. This is not one of my stock that I must own thus my low entry price. It's down to my personal preference in trading. Current no1 on my list is PLS..
Good evening
Announcement today. Judicial review proceedings commenced before the Kuantan High Court in Malaysia by an anti-Lynas activist. Lynas is not named as a party to the proceedings. SP hit a low of $8.375, recovering a tad to close at 8.62. Not concerned at the point in time.
Have a wonderful night.
Kind regards
rcw1
Announcement today. Judicial review proceedings commenced before the Kuantan High Court in Malaysia by an anti-Lynas activist. Lynas is not named as a party to the proceedings. SP hit a low of $8.375, recovering a tad to close at 8.62. Not concerned at the point in time.
Have a wonderful night.
Kind regards
rcw1
Good afternoon
LYC announcement. See attached.
LYC has signed new agreements with Japan Australia Rare Earths B.V. (JARE). Lynas and JARE are parties to a long term senior loan facility, with a principal balance of US$141 million, an interest rate of 2.5% p.a. and a maturity date of 30 June 2030 (“Loan Facility”). JARE will:
Kind regards
rcw1
LYC announcement. See attached.
LYC has signed new agreements with Japan Australia Rare Earths B.V. (JARE). Lynas and JARE are parties to a long term senior loan facility, with a principal balance of US$141 million, an interest rate of 2.5% p.a. and a maturity date of 30 June 2030 (“Loan Facility”). JARE will:
- Provide a contribution of US$9 million to the exploration program at Mt Weld via subscription for ordinary shares in Lynas at 5-day volume-weighted average price;
- Provide technical support towards exploration program; and
- JARE has agreed to remove capital management restrictions in the US $141 million Loan Facility.
Kind regards
rcw1
- Joined
- 8 June 2008
- Posts
- 12,786
- Reactions
- 18,699
Could not buy it this morning, seems that the news was shared among some based on price actionGood afternoon
LYC announcement. See attached.
LYC has signed new agreements with Japan Australia Rare Earths B.V. (JARE). Lynas and JARE are parties to a long term senior loan facility, with a principal balance of US$141 million, an interest rate of 2.5% p.a. and a maturity date of 30 June 2030 (“Loan Facility”). JARE will:
rcw1 likes this arrangement
- Provide a contribution of US$9 million to the exploration program at Mt Weld via subscription for ordinary shares in Lynas at 5-day volume-weighted average price;
- Provide technical support towards exploration program; and
- JARE has agreed to remove capital management restrictions in the US $141 million Loan Facility.
Kind regards
rcw1
Good evening qldfrog
rcw1 neither, but did make a sale for a small profit.
Not holding
kind regards
rcw1
Good evening
Published The Motley Fool this afternoon (12/09/22)
The broker Ord Minnett is much less optimistic about Lynas’ prospects. It has a sell rating with a price target of just $4.85. That implies a possible fall of more than 45% from here. The broker notes the high level of capital expenditure that Lynas is planning to spend on its projects, with project execution being a potential risk. It also pointed out that the Lynas share price has fallen.
Looking at the Lynas share price and projections, Macquarie thinks Lynas is valued at 13 times FY23’s estimated earnings and Ord Minnett thinks Lynas is priced at under 11 times FY23’s estimated earnings.
Ha ha ha ha.
Kind regards
rcw1
Published The Motley Fool this afternoon (12/09/22)
Is the Lynas share price a buy?
The broker Macquarie currently has a neutral rating on the business, with a price target of $9.50. That implies a possible rise of mid-single-digits for Lynas over the next 12 months. However, it noted that rare earth prices have recently fallen back.The broker Ord Minnett is much less optimistic about Lynas’ prospects. It has a sell rating with a price target of just $4.85. That implies a possible fall of more than 45% from here. The broker notes the high level of capital expenditure that Lynas is planning to spend on its projects, with project execution being a potential risk. It also pointed out that the Lynas share price has fallen.
Looking at the Lynas share price and projections, Macquarie thinks Lynas is valued at 13 times FY23’s estimated earnings and Ord Minnett thinks Lynas is priced at under 11 times FY23’s estimated earnings.
Ha ha ha ha.
Kind regards
rcw1
DrBourse
If you don't Ask, you don't Get.
- Joined
- 14 January 2010
- Posts
- 888
- Reactions
- 2,090
Hi rcw1.
B careful with LYC – Rare Earths may become obsolete &/or irrelevant in the near future.
Spin doctors may use their excessive enthusiasm to convince Newbies that LYC is the next best thing to Sliced Bread, all in an attempt to pump up the SP so they can sell at a profit B4 the LYC Ship Sinks.
Part of the reason for LYC’s recent pullback is because New Technologies are evolving atm, they will prob take 5 years to develop into a marketable product, but the writing is on the wall for some of the important Rare Earths.
Google "Alternatives to Rare Earths".
Just ran my slide rule over LYC this morning –
Bad points = Bad PE in relation to NTA, Price is trading at well above NTA, SP is expensive in relation to Av of Last 3 Yrs EPS, Excessive Debt relative to Owners Earnings.
Good Points = Balance Sheet Ratios & Margins of Safety (MOS) rate as “Good”.
LYC’s current IV is $7.11 to $7.96. (the Dark Maroon Rectangle on the Chart below)
The Ord Minnett call of $4.85 is pretty close to my TA call of $5.11, Note the recent Triple Top, then the Lower Highs & Lower Lows.
I personally like the Ord Minnett “direct and blunt attitude” to their analysis.
All I’m suggesting is that you “Be Careful” with the Rare Earths Sector.
AND
That you do Lots, and Lots of your own research.
Remember that the idea is to buy stocks that are Below their calculated Intrinsic Value - LYC is way above that figure, and as the LYC SP drops, their IV will also drop, until the SP reaches a price that matches the "Average Punters expectations."
As usual, I’m Happy to email my research to you.
Cheers M8.
Last edited:
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,131
- Reactions
- 11,231
What are the new technologies to replace REE Dr B?
DrBourse
If you don't Ask, you don't Get.
- Joined
- 14 January 2010
- Posts
- 888
- Reactions
- 2,090
Hi Sean,
Way too many options for me to list here - as I mentioned, perhaps 'Google' - "Alternatives to Rare Earths".
Good Morning Dr. Good to see your chart and again I am almost right in waiting for $4 plus, not in a hurry to have it for Trading and not for long term.
- Joined
- 2 May 2007
- Posts
- 4,709
- Reactions
- 2,938
Hello @DrBourse
Good points.
As a disclosure I do hold LYC of a small amount and the price has gone south. But on technical merit, I believe Lynas has a great future.
Look at the offtakes guaranteed. Fund is from Japan. Why because people other than PRC, see Lynas as a great future alternative to China.
In addition, the company is so confident that the study cycle needs to have a relook to capture the early hanging fruits.
I am unsure to be buying to the idea that price will come down under $5. Many a times fundies are wrong and then they provide comments on market to bring down the price .
Good evening Dr Bourse
Always lovely reading your responses, thanks for that. As professional, as always.
The days of the investment side of rcw1 association with LYC are long gone. Once it hit $10 sometime back. Mahail forecast that one. Have you heard from him Dr Bourse?? Would luv to ask him whether he actually did offload his LYC stash at $10 plus as he always indicated he would, rcw1 would hat off to him.
So mate, been milking that cow, fast trading LYC, most rewarding for rcw1, true that ... why would rcw1 want to stop that steady flow of earn
Do note that SP has dropped maybe 20% from last year. ha ha ha ha ha.
## Latest announcement today (13/09/22) more water supply issues in Malaysia.
Talk soon.
Kind regards
rcw1
I am more worried for Mahail if he didnt off load LIT n SPL! I believe at that time, he did have a fair amt in LIT!Good evening Dr Bourse
Always lovely reading your responses, thanks for that. As professional, as always.
The days of the investment side of rcw1 association with LYC are long gone. Once it hit $10 sometime back. Mahail forecast that one. Have you heard from him Dr Bourse?? Would luv to ask him whether he actually did offload his LYC stash at $10 plus as he always indicated he would, rcw1 would hat off to him.
So mate, been milking that cow, fast trading LYC, most rewarding for rcw1, true that ... why would rcw1 want to stop that steady flow of earn
Do note that SP has dropped maybe 20% from last year. ha ha ha ha ha.
## Latest announcement today (13/09/22) more water supply issues in Malaysia.
Talk soon.
Kind regards
rcw1
Similar threads
