Well, a US government think tank wrote a 200-page report – these are the top professors, the top scientists, the top economists coming together – anticipating a supply shortfall in certain basic elements. Instead of only two elements that are most critical and strategic, there are now five. They're saying that in the short-term we could experience supply shortages of yttrium, europium, neodymium, terbium and dysprosium.
H: We are watching Lynas carefully because we think it may serve as a bellwether for the whole rare earths sector. Since April 2011, and the delays with receiving that temporary operating license to begin the commencement of refining rare earths, Lynas has had a nice bounce. Last time it did this sort of reversal from a downtrend, it made a very large gain.
TCMR: So, are you saying you're long on Lynas?
JH: Yes I am. But we have to remember that a temporary operating license to refine rare earths under certain conditions doesn't automatically mean the sky's the limit. There may be a response through the sector. Other companies may realize that the rare earths and Lynas can get to a state of eventual cash flow as a pioneering model for the whole rare earth sector.
http://www.resourceinvestor.com/2012/02/16/unstoppable-demand-for-rare-earths-jeb-handwerger?ref=hp
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Last
$6.78 |
Change
0.040(0.59%) |
Mkt cap ! $6.332B |
Open | High | Low | Value | Volume |
$6.76 | $6.81 | $6.75 | $3.095M | 457.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 15666 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.79 | 12233 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 14434 | 6.800 |
36 | 16391 | 6.790 |
37 | 22635 | 6.780 |
15 | 28916 | 6.770 |
13 | 83021 | 6.760 |
Price($) | Vol. | No. |
---|---|---|
6.810 | 166778 | 12 |
6.820 | 26401 | 17 |
6.830 | 24424 | 11 |
6.840 | 27141 | 9 |
6.850 | 85376 | 11 |
Last trade - 12.16pm 06/09/2024 (20 minute delay) ? |
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