I think @PilbaraBoy said "$20 by the end of NEXT year" not this year....... $20 next year sounds reasonble acutally. Obviosuly $20 at the end of this year is not possible - that would be crazily phenomenal. A 200% growth in 1 month - HELLO SIGN ME UP!!!!!
Yep tonnes of good news on the line!
Actually I agree that currently the market situation is weird - billionares are dumping stocks due to the Green Bill's tax issue. This has mostly a negative effect on say lithium (ie Orocobre), NVX as you said, etc.
Exactly! LONG TERM LYNAS IS GOOD! However, a possible near term short term correction is possible. I mean even if you eyeball the graph - clearly LYC has been UP UP UP since the start of November. The first dip was due to Omnicron, but it recovered.
I am still going to hold LYC in the long term - LYC is a wonderful company!
LYC Price at posting:
$8.91 Sentiment: None Disclosure: Held
(20min delay)