LYC 0.78% $6.35 lynas rare earths limited

News: Lynas to cut costs , page-41

  1. 5,800 Posts.
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    Two points:

    @Jan Johnson: it was Lambda, NOT Leeman, who was suspended for suggeting that Fluffy was shorting and biased.

    @Fluffy: not to worry about Lambda calling you a shorter - that's his Pavlovian response to anyone that posts anything that disagrees with his uniformly bullish and optimistic cheer-leading, complete with "Go Lynas Go" sig line. Anyone that posts anything that may differ from his own amazingly rose-coloured view of things gets called a shorter and goes onto his block list allegedly.

    Fluffy - I know you and I have our ongoing differences about uranium, spot price vs contract prices, and futures, etc, but I do recognize good moderating when I see it. And that is good moderating.

    In more general terms about this Lynas report, it seems prudent to me be slowing up the process and marking time - even without cutting staff - until demand and prices improve. It may also imply that the offtake agreements have not yet kicked into place.

    But the thing that annoys me is the reports - such as the FNN report at the head of this thread, and Rhiannon Hoyle's report in the Oz (to a lesser extent) only seem to take what they see as the negatives and make them their headlines and main focus. It's like seeing Kevin Rudd walk across Lake Burley Griffin (some think he could) and then reporting with a headline that "Kevin Can't Swim"...!

 
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