LYC 1.98% $6.92 lynas rare earths limited

4 million roadblock @ .28, page-15

  1. 156 Posts.
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    Based on LYC December reports and current RE prices the company needs to reach 80% of production capacity to break even. The company has stated that they will not achieve nameplate capacity by June 14 the Q2. Amazing to see that some investors are so upbeat when the fundamentals of this company do not stake up. I took a gamble at 90c and hope one day to reap the reward. That day is way in the future unless the prices for RE surge
 
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