are you happy lyc retailers, page-8

Yes I am happy thank you and from what I read here many are still underestimating LYC and do not realise that the game has changed.
First of all it is logical that many are selling their shares at present for the quick profit, makes sense after all, especially with the fear over the last two years.
What is not understood is that the buyers are still there in force to pick up these new shares. At present the price is stabilising at 14-14.5c, picking up all these new shares on offer. Look at market depth however 56 million shares wanting to buy, half of that avail to sell.

Now look at the fundamentals. This month LYC is likely to achieve full production of over 900t. 750t is cash flow neutral. The debt that was due to be repaid is being deferred (currently being negotiated as per the announcement) therefore taking pressure of the company.

You will find that next week the overhang of available shares will have dried out and then the price will pick up again. I actually expect a further upswing from here on. It will go to above 20c by the end of June and we will see mid 40c end of July before release of the next quarterly. This is based on the fundamentals which have now materially changed.

The only reason that I can see the naysayers posting negative comments because they do not hold and therefore have a sell recommendation is because they just enjoy being naysayers, but they do not see the change that is afoot. Time will tell and if in 31 days LYC is still in the doldrums I will admit my error.