Agree Milesy, posted a bit on this. Sentiment in RE is poor ATM and Moly's demise is only going to confirm this for many investors, with no hard data hard to see how Lynas will avoid some fallout. Moly's Ann. is well in advance of their Feb Q report so their will be a lot of neg spec until the dirty linen is fully aired.
Medium term, 6/12 months it is extremely positive as there simply is not enough ROW demand to support both Lynas & Moly.
This now gives me great assurance that Lynas's off take agreements will largely be met and it will be rerated against it's peers as profitable sales are confirmed but that is going to take time, and forget all the waffle here on basket prices - realised price will be circa $30 IMO.
molycorp announces output and revenue miss, page-9
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