ausheds , Was NC suggesting that LYNAS is going to dump their substantial holding in NTU ? Yes/no So why is LYNAS holding NTU shares ? Why has Conglin Yue,built a good substantial holding in NTU ,more than he did with LYC. My guess is simple.Fundamentals .NTU got certain HEAVY rare earth that LYNAS seeks to meet the needs of the clients. "NTU is long way from being a mine" So is "The crown". Did NC comment about that? . My q ,is. How long is the life of LYNAS mine? 1yr or decades ? As such the time factor for NTU to become a mine is not an issue. To be objective in my post The soft spot for those who want to gain brownie points and neg ramp NTU is in the drilling results. Good /positive results is almost as good as mining at this stage. Remember the key word is "HEAVY"rare earth.
I m pretty sure that Conglin Yue and NC done their homework. I follow the ones that put money were mouth is and not,some posters who trade. These posters are more useful in the SHORT Term Trading forum. Agree that NTU or any other share will continue to go up and down. For me long term hold LYC and NTU .
NTU Price at posting:
59.0¢ Sentiment: LT Buy Disclosure: Held
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