LYC 0.00% $6.40 lynas rare earths limited

molycorp comparison

  1. 230 Posts.
    molycorp mkt cap $3.7bill
    lyc mkt cap $2.7bill
    lynas has money in bank to complete stage 1 and hopefully sojitz provides for stage 2
    molycorp still organise funding for 500m
    lyc to prroduce 22000 tons starting late 2011
    molycorp to produce 20000tons starting late 2012
    there was no gap until recently and on a value basis should close again soon.
    merry xmas and a prosperous new year to all lyc holders
 
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