LYC 1.30% $6.25 lynas rare earths limited

lynas, a value investment..., page-24

  1. 805 Posts.
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    it will also be interesting to see how Molycorp fares as its situation could be far worse than that of Lynas.

    MolyCorp doesn't appear to have done much at all in terms of expansion, building new facilities etc.

    From what I can tell it is still trawling through the previous leftovers and feeding that through the last version of the pilot plant.

    Once Lynas gets LAMP approval (and yes I think it will eventually) all eyes will turn to MolyCorp to see where they are up to and investors will find they are years behind in terms of real volumes.

    So it is all just a matter of timing ..... which is why I am standing aside waiting for the precise moment to move in on Lynas.

    Now if we can just get Lynas management focused on LAMP approval - Ziggy this sounds like a job for you. Pack up your gear and move to Singapore and don't come back until it is approved :-)
 
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