Or is the uncertainty creating shorters?
Politics is still very much an issue with Lynas. There will be an election soon and there is a real risk the Government will lose. This coupled with likely protests, court cases and commissioning issues. We are not derisked by any measure at this stage. I now have an open long position but significantly less than I had in the past. I hope to pick up more while the uncertainty persists. Medium to long term this will be a great stock, but in my view it will remain volatile in the short term.
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