Hi guys, do you know the us-series "The A-Team"? The leader of them always said "i love it, when a plan does its job!".
Today "a plan" of me does it job! Arafura anounces, that they did expand the scope for theier BFS! ;-) (http://clients.weblink.com.au/clients/Arafura/article.asp?asx=ARU&view=6546369)
That means: More money, more time, more nerves for arafura investors. (I come in a few sentence to the point, why this is so important good news for lynas!).
BFS is likely not ready bevore end of 2012! As yet every body and arafura said, they will start end of 2013 separation. Did anybody really belive that? me not!
OK, who was that investment bank that said " in 3 years there will be oversupply of REOs because there are a few projekts underway"?
I belive today is the day where everybody (even some investment banks) will starting to beginn to understand, first: how bigggg lynas first mover advantage is! second: that till 2015 lynas surely will be the only non chinese producer that starting separation (within the next 26 weeks ;-) ).
As you can see on my name here (arafurainvestor) i have been very conected to arafura. arafura was my first REO investment, but i did switch to lynas, when i rekognised how far arafura is away from production, that lynas is dirty cheap and that lynas first mover advantage is more important than anything else!!
I love it, when a plan does it job! :-)
ps: what do you think, when moly goes into "real" separation? Will they ever do?
- Forums
- ASX - By Stock
- LYC
- arafura news - great news for lynas!
arafura news - great news for lynas!
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.80 |
Change
0.000(0.00%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.85 | $6.89 | $6.77 | $9.256M | 1.356M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | $6.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 13181 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12357 | 6.790 |
2 | 6000 | 6.780 |
3 | 12113 | 6.770 |
2 | 25312 | 6.760 |
2 | 12498 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 9043 | 4 |
6.820 | 20113 | 5 |
6.830 | 8832 | 1 |
6.840 | 8832 | 1 |
6.850 | 9432 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |