Having said that, the revenue is down from the December quarter.

Wealth Within senior analyst Fil Tortevski shows the charting methodology and macro factors that may suggest Lynas is lining up for a ‘huge opportunity’.

“In light of what is happening around the world with the rare earths, there is a huge opportunity,” he said.

“Lynas is – bar China – the biggest rare earth player out there. So, this could open up a whole bunch of new supply chains for the stock.”

Wealth Within’s chief analyst Dale Gillham says LYC trading volumes have increased immensely and more consistently since 2017-18.

Hear their full analysis in this week’s Hot Stock Tips show.

Lynas last traded at $8.60.

Join the discussion: See what HotCopper users are saying about Lynas Rare Earths and be part of the conversations that move the markets.

The next stock discussed in this week’s Wealth Within video, is Telix Pharmaceuticals (ASX:TLX), which plunged some 8% after the U.S FDA delayed approvals for Telix’s new drug for imaging rare brain cancer – despite prior approval.

So is it time to take profits – given the stock has tripled in vertical-type rises in just over a year?

Wealth Within’s Gillham and Tortevski discuss what’s likely to happen, based on chart analysis.

Despite the news from the FDA, Telix last traded at $26.95.

Join the discussion: See what HotCopper users are saying about TLX.

Flight Centre Travel Group (ASX:FLT) is the third stock discussed today.

It has downgraded its FY25 profit guidance due to weaker U.S. travel demand. It has also announced a $200 million share buyback and cost-cutting measures.

Mr Tortevski said while it might look like a ‘sell right now’, it could present opportunities if the company makes the right structural changes.

Mr Gillham added: “It looks all doom and gloom downgrading profits, but that whole buyback is good capital management by the company’.

“That’s a great thing that it’s buying back shares, so I love what it’s doing.

“Obviously the times are a little bit tougher for them at the moment, but as we see interest rates come down we’ll see the economy being stimulated, travel will pick up.

“This is a stock that you would watch.

“Maybe in six months time it will give you a great buy, that once in a life time opportunity to pick up a really good stock while the news is a little bit bad on it.”

FLT last traded at $12.73.

Join the discussion: See what HotCopper users are saying about FLT.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

The weekly show is produced especially for the HotCopper and The Market Herald audiences ahead of Wealth Within’s live YouTube show at 7 pm (AEDT) on Tuesday nights.

The material provided in this article and video is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Company Geologist and CEO Mark Major addressed investors at The Market Herald’s From Mine to Magnet event in Perth this morning (Wednesday, May 10).

Krakatoa’s Tower discovery holds an estimated mineral resource of 101 million tonnes at 840 parts per million total rare earth oxides (TREO).

Early this week Krakatoa also announced it had made a clay-hosted rare earths discovery at its Ryan prospect within its Rand Project in New South Wales, with intersections including 8m at 1056ppm TREO within 42m at 483ppm TREO (from surface).

“The Ryan and Jindera Granites have sizeable footprints that we look forward to investigating further,” Mr Major said.

“Although our focus remains on our Mt Clere project in Western Australia , our NSW portfolio continues to demonstrate excellent potential for major discoveries.”

Krakatoa has a market cap just above $10 million. Mr Major said that meant there was room for growth.

He said the company was still testing and working to understand options around processing.

“The value metrics of the Tower resource, the level of payable rare earths within it, the initial metallurgical recoveries and the potential low cost mining are comparable to other companies that are much more advanced, and, on paper, show highly economic outcomes,” he said.

“The demand for the REE will be a critical economic aspect that also determines how viable this project may be.”

The company has pegged 1000 sqkm of prospective tenements just down the road from OD6 Metals’ (OD6) Splinter Rocks project, capturing what it suspects could be the last unpegged Booanya granite suite ground available in an area that is garnering attention for its rare earths potential and its proximity to the Esperance port.

EMU CEO Doug Grewar said the company’s search for rare earths opportunities last year led it to the Condingup project 

“I’m pleased to say we’ve recently found some cracking good land both here in Western Australia and in Queensland,” he said.

“The Condingup tenements overlay a suite of rocks known as the Booanya Granites, and we recognise those for their potential enrichment with high-grade rare earths concentrated in the blanket of weathered clays.

“We’ve been able to peg the last remaining open tenements — we believe — in the area. 

“The project gives us the opportunity to look for shallow, heavy magnetic rare earth elements, which would be the most desirable rare earths we could find. 

“The port, the sealed roads and the infrastructure nearby provide the opportunity to quite easily develop those projects.” 

A single historic sample from one of the tenements showed elevated total rare earth oxides of 1047 parts per million (ppm). 

So, over the next six months, EMU will work to secure approvals for access to the Condingup area and progress towards a drilling program there before the middle of the year. 

Not a long way west of Condingup, in geological terms, lies EMU’s REE Merredin project, in the central WA Wheatbelt. Work will be carried out concurrently there. 

And, at the end of far north Queensland’s wet season, EMU will begin on-ground exploration at its 850 sqkm earn-in joint venture (JV) project with TSXV-listed Rugby Resources at Georgetown. It’s an early-stage exploration opportunity in which EMU can earn up to 80 per cent equity. 

EMU continues its base and precious metals exploration efforts at its existing portfolio of gold, nickel, copper and tungsten projects.

EMU non-executive director Gavin Rutherford said work would be funded thanks to an underwritten rights issue.

“It’s a deeply discounted rights issue that has been structured to both thank and reward our shareholders,” he said.

“Rather than following a more standard model where a placement would be completed, all our shareholders have the opportunity to share in what we’re expecting to be a very good period for EMU. 

“When shareholders do their maths, they will understand how little it’ll cost them to duplicate their position or at least average down their investment cost.

“Personally, I think our Condingup project is the last REE train leaving the station. There’s just such a considerable area of highly prospective rare earths country in this, may I call it, burgeoning new province.

“Our message to both current shareholders and potential investors is ‘follow our story and don’t miss the ride!’.”

EMU shares were trading at 0.4 cents at 10:36 am AEDT.