Lynas Rare Earths had a market cap in 2017 of $3 million 5 years later a market cap of $ 5 Billion yes they had good RE prices to help along. There market cap is now 6 Billion after a poor year.
Takes min 5 -7 years to get a mine started , we could be mining in 2026 , we have done the hard yards with all the logistics out the way, Licence, EPA permits and the rest of
it.
Ex China prices and we will be profitable, especially because we are doing our own MREC , down stream up stream value added.
The last time I spoke to management they basically stated they can't focus on share price, they have to keep ticking boxes but unfortunately they have to spend money to do that, they are comfortable that enough boxes ticked will reflect the share price , soon share holders will benefit
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0.014 | 7634174 | 31 |
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