ok: so let me get this straight.., page-41

lambda

My opinion is that at $30 basket price Lynas will be at break even Phase 1

At $22 break even Phase 2

If the basket price gets near $30 I don't want to be
holding Lynas at all

It would be nice to check the Basket price on Monday and see it is above $40.27

But alas why would this week be any different

The basket price has just continued to fall

Is the bottom $30 or $20

Who knows while it drops every week
even when you read everywhere the REO prices are rising

I don't think the SP has much to do with SMSL

It along with falling prices has just made shorting this an easy target
Especially with most Retail holders maxed out

IMOO