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LYC

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$7.70 lynas rare earths limited

Something to set us alight, page-4

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ausheds

19,587 Posts.

4975

02/07/20

15:21

Post #: 45602163
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Originally posted by Pout ↑

I agree. A lot of uncertainty. But I have to laugh how other companies have raised capital and their share prices are in better positions pre-virus.

Sentiment against china continues: https://www.bloomberg.com/news/news...organic&cmpid=socialflow-twitter-business

U.S. readies Chinese sanctions:
The U.S. House of Representatives passed a bill on Wednesday imposing sanctions on banks that do business with Chinese officials involved in cracking down on pro-democracy protesters in Hong Kong.The legislation passed as the Trump administration prepared to roll out long-delayed sanctions to punish senior Chinese officials over human rights abuses against Muslims in Xinjiang.The moves came in light of Beijing's adoption of a national security law in Hong Kong, described by China as a "sword of Damocles" hanging over its critics, on the 23rd anniversary of the end of British rule.Hong Kong police made the first arrests on Wednesday under the law, which targets crimes of secession, subversion, and terrorism that could be punished by life in prison.British PM Boris Johnson said Wednesday if China's crackdown continues, the U.K. would grant 3 million Hong Kongers with British National (Overseas) status a path to full British citizenship.Foreign Secretary Dominic Raab condemned China for "not living up to its promises to the people of Hong Kong" under the U.K.-China treaty that handed the territory a high degree of autonomy, but added: "We will live up to our promises to them."

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Strong analyst note just out from Canaccord 55 pages initiating coverage, that will boost exposure NA.

LYC Price at posting: $1.92 Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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