Yes Inge. Unfortunately you summed it up . I also think when BRICS create their anti western metals exchange things will get even tougher. Without China being in BRICS i have no fears with my Lynas investment, but they are part of it. Its naive to think another metals exchange will not affect our SP with huge manipulation. Indonesia is applying for BRICS too. Lynas to me is looking like a small player now in an opaque, manipulated , anti western emerging market. And the yanks are becoming more divided and disfunctional than ever in regard to renewable traget policy. A REPUblican win wont do us any favours IMO. MY decisions in holding LYC will be on geopolitics, which has really been to our detriment recently, rather than how well Lynas is positioned. . Their output capacities I dont take much notice of anymore. Shame. Lynas management have done a herculian job growing the company and safeguarding the company as best ad they can, KAL. While the tunnel gets longer, the revenue and cash balance is depleting. I think we may have some darker days ahead near term 2 years. I hope I am totally wrong.
LYC Price at posting:
$7.65 Sentiment: None Disclosure: Held
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