glad its green, page-16

Yes, are a member of metal pages myself.

THREE issues that will be playing on the minds of those holding short positions at the moment and suggest they will cover soon

1/ Lynas is now producing income and the TOL issue is in the past

2/ The european manufacturers which take huge REE supply used most of their supply running into their summer season and restocking will be higher than usual due to excessive rundown. Start up is fast approaching

3/ The two US hedge funds who supplied the majority of the short supply started at much higher prices than the current SP. They were able to sell forward and convert those sales into $US in the expectation of another huge win on the A$ currency fall. A huge incentive to short even with a stable lynas SP. Now that the A$ has fallen to $1.10 to 90 cents there is now some risk a currency trade could hold or reverse and the SP of Lynas also rise.

Just ask yourself, how long will it be uptil of these big two decide to get out first. There is not enough free exposed stock for both of them to cover.

Add the that scenario a recent higher low than the all time bottom short price and the finger would already be on the trigger. Bet they are at 20 paces eyeing each other off as we speak. Wouldn`t put it past them to do a deal together to control the rise to attempt to get us poor buggers to give them our stock. If you are long term why would you sell now? Starve the buggers I SAY

IMHO DYOR