Lynas Continues Its Reign Under Amanda The Great

Tracy Weslosky

June 7, 2022

Two excerpts:
"Look online, and you will discover that while Lynas Rare Earths Ltd. (ASX: LYC) is covered by 9 research companies, it is impossible to find one PDF Equity Research Report online. For Australian-listed companies, sometimes they publish the reports on their website; unfortunately, not for Lynas.

Dig deeper online and you may see a headline about whether Lynas has too much debt… these conclusions are in my humble opinion quite wrong, and underestimate this rare earths’ ruler outside of China, Amanda Lacaze.

I ran my conclusions by a semi-retired analyst, who requested anonymity and wrote me back promptly in agreement: “Saw their balance sheet and they are running just over 1x debt: cash flow and their cash flow is strong based on growing sales and commodity prices.”

The media loves to tout Chinese control of rare earths, but it is a woman with an iron fist that rules the rare earths world. Proud of how she likes to watch the pennies, it is unquestionably the reason why she has held the role as a Non-Executive Director for ING Bank Australia Ltd. for over 11 years."

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Chemist: A lot of comments over the years here in the Lynas forum have focused on underwhelming PR and nearly non-existent media coverage. I never thought Lynas was boring; always felt they were brave. But the media has its alarmism on high at all times now and Lynas's "steady progress" is not sexy. Even during the grinding struggle against the anti-Lynas nonsense, the story was never about the survival or success that still came; it was about the screaming Wrong Track and his tee-shirted rebellion.

Investor Intel itself was not amongst Lynas's early supporters, but Tracy has turned very much upbeat and I am glad she worked it out.
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"Having heard Amanda speak on several occasions in her early role as Managing Director nearly eight years ago, I recall believing that her reign would be short-lived. Her valiant commitment to the bottom line above all else seemed conservative and backward compared to the charismatic marketing styles of other leaders I quite like in the market. Commenting that weekly meetings would necessitate accountability for every dime spent, seemed dismal and droll to me, it seems, however, she was quite right.

As down winds from the recession are upon us, or gales of a correction are indeed in full force, I look to the critical materials sector for which many experts harbor no fears. And with the demand for rare earths continuing to exceed supply, it seems that the noble Australian woman whose fearless tactics took me by surprise is now the one championing it all."