LYC 0.00% $6.80 lynas rare earths limited

trading in germany, page-17

  1. 44 Posts.
    I have a pessimistic view for Lynas into 2013. The best case scenario will be for the TOL stay to be lifted this week; the inevitable appeal to the federal judiciary not effect the TOL; then for production to begin immediately with sales down the track to a newly resurgent market.

    Any one of the above doesn't occur and won't capital raising need to occur?

    I think it's likely that the judicial process continues well beyond this week, regardless of the decision, and that when Lynas eventually begins production that they will be selling to a smaller market at a lower price.

 
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