LYC 0.00% $6.40 lynas rare earths limited

buckle up, page-6

  1. 1,289 Posts.
    good on you snuff - drop a line for me while you are at it
    a few years back i probably wouldnt have touched anything to do with china, the benefit is of course that we can pick up LYC at 19c when their discounted NPV on the project is around 52c
    look at olympians figures in prior threads to get a guage of project forecasts ect, there is also a heap on their website to digest but i would prefer they got a huntleys type valuation
    anyway
    china is a very different beast now that it wants to play with the western world and whilst they have a long way to go these first cab off the ranks should benefit from a free er econonomy (dont even know if free er is a word hahaha)

    did you know that if the population of China walked past you in single file, the line would never end because of the rate of reproduction
    the population grows on average 13m per year, is the 6th largest economy in the world the 4th largest trading country and GDP grows at 9% p.a.
    these are a few screaming reasons to look at China as a partner for LYC as they will gobble up REE as much as they can

 
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