LYC 1.30% $6.25 lynas rare earths limited

announcement we are waiting for -plant fixed, page-28

  1. 176 Posts.
    Thank you George!

    That's basically what I was trying to express in my previous post that was deleted for some very strage reason.

    I questioned the motives of former CEO Nick Curtis leaving the pipes in that are now causing many month of delay after the NYT had published the following article in the summer of 2011, over two years ago:

    http://www.nytimes.com/2011/06/30/business/global/30rare.html?pagewanted=all&_r=0

    This question just has to be raised because the consequences of this mistake being made in the construction phase might today cost retail shareholders their entire investment.

    Mr. Curtis told us investors more than once that Lynas was a long term investment. If so, how could he let the LAMP ramp up with serious flaws that were known for over two years now?

    The answer to this question does affect every shareholder that has been holding for a longer time (sitting on big losses).
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.