I would be a buyer. Another CEO would/might consider a strategic alliance, if not a merger or buy out from a larger producer like a Freeport-McMoRan, BHP Group, or a Rio Tinto.
With a powerhouse like these massive companies, Lynas could easily realize an immediate 40-60% premium in its stock price and finally end all the small everyday setbacks which keep our companies stock price stuck in the mud.
Even using stock, it would give us shareholders growth, dividends and diversification, so next time E. Musk opens his mouth, we dont have to suffer a 10% price pullback.
With Christmas in 19 days, Kalgoorie is now looking at January to begin processing. Thank God our LAMP got its extension, or we would be a $3 stock by New Years...
LYC Price at posting:
$6.44 Sentiment: None Disclosure: Held
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