I would suggest that the latest market announcement was actually nothing more than a "its not my fault" by NC.
Clearly (with the benefit of hindsight) he knew his August claim was going to be proven to be unfounded (dare i say if he posted his August claim in Hot Copper it would have been modded for unsubstantiated guesswork?) and totally incorrect.
Now, next time he makes an on market claim will it be filed as an unsubstantiated guess or will investors place some credence to it?
Either way brickbats to those who were demanding some on market news, they got it and it wasn't worth the ether it was transported to your desktop through.
Unless information emanates directly from the desk of a Malaysian PM it is not credible it appears. Based on that i am down to 25% holding of where i was in February as of Friday and if SP goes through 57 cents (average entry price) i am gone totally as a shareholder like the hopes i had for the mirage that is the Lynas LAMP.
LYC Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held
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