LYC 1.30% $7.61 lynas rare earths limited

Ann: Malaysian Licence Updated, page-51

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  1. 7,651 Posts.
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    I see you have gone to "not held". Is this recent? I hope you got out after the amazing rise last week. If so congratulations! Regardless of when you sold I believe you will be able to buy at a much lower price. Just be patient, do not watch price. Just watch for news that will improve Earnings and revenue. The licenses removes a very big threat to earnings. It does not change the course of earnings and revenue. To do that they either need better REE prices, at least over 750RMB WV or increased Purified Separated REO. This license change does nothing to help that only lamp expansion or Texas can do that
 
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