LYC 1.65% $6.15 lynas rare earths limited

Ann: Malaysian Operating Licence Update, page-103

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    I would be very interested in what data led you to believe it would hit $10.00 by end of month or even Q1. I hope it was not by putting a straight edge on first day or two rise and assuming that rise would continue. Did you DYOR at all before making this statement.

    I still believe SP will be less than AU$6.00 By end of August As Q4 and AR come out and people realize that Falling prices will have a bigger long term impact than any 3 to 6 month shut down would have. The impact will be felt over at least 2 years a shutdown is very bad but once over it is done. Prices will go back up they always do but lower prices already will impact most of Q2 because of the book to bill delays. They will go up but not fast enough to not make FY 2024 look bad.
    Last edited by ContraryJ: 13/05/23
 
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