LYC 1.14% $6.22 lynas rare earths limited

$4 club, page-14

  1. 121 Posts.
    5hareholder,

    why do you take BHP o RIO as a PE comparision example and not Inner Mongolian Baotou Steel REE High Tech Co which is around 17,80?

    Anyway, I guess we could enjoy a range as follows if Mont Welt REE prices stabilize around 65$, and a scenario of a smooth recesion in Europe, flat US; and growth in the Asia pacific region; (just an opinion):

    31/12/2011: between 2.50$/ 3.00$ (if pre-operating license is granted)

    First quarter 2012: 4/6$

    Second quarter 2012: 8/12$

    A market cap of 20MM$ is totally reasonable for a company which such an expanding perspective.

    Good luck to all.






 
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