Return (inc div) 1yr: 14.91% 3yr: 3.72% pa 5yr: 27.23% pa
5yr chart:
LYC has charted $10 back in 2022
During the March 2024 quarter Lynas expects maximum production rates of approximately 300tpm growing to 750tpm in the June 2024 quarter.
24/10/23, Share Price Reaction: $6.82 up 12.4%
Return (inc div) 1yr: -13.23% 3yr: 33.60% pa 5yr: 34.26% pa
Noted the slide no percentage comparison: - 43%=310 / 540 Sales: -20% ( Return not Good )
Phew, not easy to read LYC financials.
mmm. Cannot see ant Out Look statement,
- FIN FY23 Financial Results Announcement
Revenue of $739.3m remained strong. EBITDA, at $377.7m was 51% of revenue with NPAT at 42% of revenue. Whilst strong, these results were lower than those in FY22 when market prices were at record highs. “During the year, we invested $595m in capital projects and completed the year with a cash balance of $1 billion, providing funding certainty for completion of our key growth projects.
Heres more a better view of position
Appendix 4E and FY23 Financial Report
EPS -43%= 34/59
State Street Corporation and subsidiaries named in Annexures to this form..
Class of securities Number of securities Person’s votes Voting power
Ordinary 46,783,709 46,783,709 5.01%
...will announce its quarterly results for the period ending 31 March 2023 on the morning of Friday 21 April 2023
As an ethical and environmentally responsible rare earth producer, with capability and customer relationships built over the past decade, Lynas was well positioned to benefit from the robust rare earths market during the year.
All ethical here.
So looks ok, What we can mine and cannot mine is all ok. The choices we make could be governed by a few......
LYC under the ASX query microscope
- Release Date: 05/10/22 10:18
- Summary: Response to Appendix 3Y Query
- Price Sensitive: No
note, generally these reports are called Quarterly Report Appendix 4C
The bears are in the market so skittish holders all over the markets at present 2022.
The 2Q22 production update revealed a 33% lift in total Rare Earths Oxide production on 1Q22. Strong demand translated to favourable commodity pricing, which resulted in a record sales revenue of $202.7m over the quarter (vs $121.6m in 1Q22).
And for Comparison 30th September 2021
so the trend is still up going on these #s eg Sept Q Sales R': $121.6m vs Dec 2021 $202.7m up $81Mill at 67%
Discl: RL,