I am not trying to be hostile in any way. i simply believe that the Kal. start-up, vs. the timing of the Malaysia license is the one and only catalyst to significantly change the sentiment and push the shorts out of the stock.
Is Lynas were one of those nature TV shows, the comparison would be that Lynas is a bird hopping along with a broken wing, and the market participants are a pack of wolves, following from behind.
We can all continue to chat about Volume Rates (%), RE Prices, Ecological Stewardship, etc. But to see A$8.00, this Malaysian issue must be resolved favorably, and confirmation of a successful Kal. production launch is achieved. Actually, that duel scenario would make Lynas cheap at A$8.00. I would venture to guess such an outcome would put us north of A$10.50 - A$12.00 a share.
LYC Price at posting:
$6.46 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)