LYC 0.64% $7.72 lynas rare earths limited

Marketing Strategy, page-9

  1. 3,237 Posts.
    what's comical is this stock named Lynas and that all and sundry wish to remind me is a producer !

    ... and what has Lynas produced:-

    - loss after loss after loss for the past 5 years
    - plus a massive destruction of shareholder wealth over the same period

    yet we flick to these pages and see the same old faces pumping out the same old tired projections of a rosy future - when noting could be further from the truth imo

    Lynas is ramping up - and total production "going" down" (production March 2016 quarter was 2,567 t verses production December 2015 quarter 3,166 t)

    This indicates to me the LAMP still has massive problems - but what do I know - all I can tell you is that total production numbers don't lie

    sentiment: Strong Sell
    Last edited by longtermlegs: 22/05/16
 
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$7.72
Change
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Mkt cap ! $7.216B
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$7.75 $7.75 $7.59 $16.17M 2.104M

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No. Vol. Price($)
1 2200 $7.71
 

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Price($) Vol. No.
$7.75 5834 5
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