LYC 0.16% $6.29 lynas rare earths limited

relax if negative we wait 12 for a new plant, page-23

  1. 191 Posts.
    I'm glad to see that some humor is returning to the community! Very good.

    lijason,

    you asked a good question. Yes, I do consider ARU being cheap compared to Lynas. Here's why:

    ARU and LYC have two main things in common
    - both have a world class rare earth deposit
    - both have horrible managements, I call them dilution-monsters

    ARU and LYC have two things that materially differ fro each other
    - LYC claims to produce in 3 month, ARU claims to produce in 3 years (rough)
    - LYC Mcap is 3.500 million AUD, ARU Mcap is 270 million

    So the vital question is if the time advantage - that might be gone in a few days BTW - is worth over 3 billion dollars..?

    regards
    Julia

 
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