end of the game, page-9

Imho,

to be honest, I have/had huge profits in LYC but not stratospheric yet. I don?t want to purchase at a lower prices neither for my clients.

What I am saying is that NC might not be right person as President. He was involved in Crown and Swan deposits case. Now, Matthew james has moved to Forge. No announcements of strategy or intentions has come out of Lynas. This smells bad.

Do you think as a long value investor I would risk a decent profit for an upside that today doesn?t exists in exchange of supporting market risk as well as a management risk. Answer is NO.

Further, in case NC was not greeddy and could hold intrinsec value to 15 AUD which would be perfectly possible june 2012, I would keep shares. However, despite this could be real, I guess NC has ahead personal challenges that has nothing to do with Lynas shareholders interests. And from this point of view, I am totally disappointed.

In case he makes an indecent proprosal (as he did before) and market takes very badly I wil be waiting. And then, we can watch together what happens. But NC might not be there anymore neither his intentions but with a slab of responsibilities.

We?ll see what he does in benefit of credibility of shareholders following days. Interesting for you to watch.

Interesting for those who are out angling.

Good luck.

PD By the way, my consideration on hedge market neutral funds, etc is 0 as well as those banks particularly who lend shares. They think they can press the market. Maybe the are already positioned because shake for Lynas has still to come. And may be has to come because NC proposals or intentions.

Hopefully, in your benefit I am wrong. But I take contrary position/ bet for the time being. Waiting.