Well, we're hitting the 30/06/19 swing low of 2.41. A lower closing low suggest a downtrend for 6 months, until the license is "renewed". If that happens, we can thank Lynas management's inability to launch an effective PR campaign. No surprise, IMO, shareholders have been a doormat for management since NC decided to setup shop in a 3rd world county. I feel that until operations are up and running outside of Malaysia, the SH's torment will continue. Samurai bonds are in place for Japan, not shareholders. We need C&L in OZ & HREE separation in the US ASAP.
LYC Price at posting:
$2.42 Sentiment: Buy Disclosure: Held
