LYC 0.17% $6.05 lynas rare earths limited

lyc up over 10% overseas, page-12

  1. 115 Posts.
    Sorry to spam but on the positives, reneweables aren't off teh agenda worldwide and sales of LCD screens and energy efficient light bulbs aren't going to fall off a cliff as all of these are too widespread and standard in our world. Not very expensive either.

    Furthermore, and I've been hammering this point for ages, a blown up world economy = ultra low Australian dollar. Remember when the basket price was US$200? Well, in AUD it was $180. If the world blows up the AUD will sink hard and then, a basket price of even $40 might for us be $100 which would equal awesome earnings per share and a great SP.

    By the way, Lynas is down as the basket price is now US $146 and falling.
 
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