LYC 2.72% $7.14 lynas rare earths limited

lynas ree prices drop to under $50, page-48

  1. 3,504 Posts.
    lightbulb Created with Sketch. 49
    "on the greenland note, who says they wont simply dig the stuff up and send it to china for processsing?"

    If it was only that easy then everybody will be doing it, you will hear all the the REE exploration companies like ARU,GGG,PEK etc etc announcing plans that they will just dig it up and sell it to Japan/China but its not happening. Why not? That's because if China buy the deposit from say GGG, they STILL have to do the work to figure the processing technology to extract REE from that deposit, they still have put in effort from their end, use their engineers/scientist to create process to suit that deposit.

    Each and every deposit around the world have their very own unique processing technology, what is the right technology for Lynas will not be right for other companies because each and every deposit around the world have different grade of REES and different types of impurities to get rid off.

    So there is virtually no value and no market for China to buy dug up earth from GGG, they might as well take over the company themselves.

    "im interested to know your thoughts on the current share price OMG... given your above post and its glowing view of the companies potential, why is the share price sitting at 85c?"

    The stock market is like fashion magazine, one year you will see oil and gas stock been in fashion and every oil and gas stock will be flying, next will be Uranium, Iron Ore and so forth. REE was the fashion a few years and now it totally out the window. In order words Sentiment is what is driving what the current Share price is without earnings.

    All i care about right now is CASHFLOW, i want to see LAMP get their first feed and Lynas to announce their quarterly earnings and then lets discuss the share price after one year 2014 of production is that fair enough?
 
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