conference call

a pleasing aspect of the conference call was that there was no ammunition for the short sellers to hang their hat on .The 10 % short, borrowed stock was looking for evidence that their thesis was correct and that the financials would see lots of red ink which failed to eventuate.
Amandas comments that the big spreadsheet that they have on the wall shows all the rare earth producers in the market and only lynas and norther Rare earths are making a profit in the current price regime confirming what we have all known for some time is Lynas is a scalable low-cost producer.
while the dumb idea that with the fall off in demand for electric cars would see a slump in demand for lynas products ,Amanda reminded everyone that rare earths are in plug in hybrids ,hybrids petrol and diesel cars while wind turbines ,robotics electronics all are markets that continue to grow .

so although the pricing in the market for rare earths is low er than all producers would like Lynas is still turning a profit while buiding an increasing scale that will be highly leveraged when both demand and price improves .

so good luck covering to the short brigade .Volume for turnover is tight .There are supporters of lynas who are happy to buy on weakness (gina and aussie super of recent times ) and i trust your performance fees for under performance take a long time to get back above the high watermark as lynas share price heads north as markets recover .