LYC 0.64% $7.72 lynas rare earths limited

great tim to buy for us "longs" and old timers, page-2

  1. 147 Posts.
    Still the delusion continues...

    1.Lots of "stock

    This doesn't mean anything.

    2.Functioning producer.

    How is this great? Have you even listened to what the company has said? It clearly isn't a 'functioning' producer.

    3.Plenty of customers in a growing market.

    Last time I checked LYC still hadn't completed the approval process for their first 11k (nor can they even produce that much it seems)let alone find any demand for phase 2.

    The company is a dog.

    Do me a favour, assess the company going forward, don't assess the company based on the fact that it was $1 x months ago so it should spring back to that. Do you really think that LYC will outperform the market going forward? Your money is better off in the index.
 
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