LYC 0.88% $6.85 lynas rare earths limited

ree revolution has investors stampeding, page-6

  1. 523 Posts.
    philh9

    Found your last post most interesting and agree that the world is about to face a storm with regard to REE's

    To say that we have had a tiny dilution is a bit over the top. Try telling that to those who came on board and paid over a $1-30 per share.

    Lynas still have a way to go before they can prove they can produce the goods. Many a horse way out in front fell at the last fence.

    The management of this company have in the past IMHO been guilty of guilding the lilly.

    So forgive me for coming across a bit negative I only hold a small holding that cost next to nothing, came in when the S/P was under 20c. I will increase my holding when they get closer to production. Mt Weld holds the largest deposit of REE in the world but they will require more funding to reach its full potential hence more dilution or debt. Better to see how they manage this start up before diving in.
 
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$6.85
Change
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No. Vol. Price($)
10 4413 $6.85
 

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