LYC 4.14% $7.04 lynas rare earths limited

$550m Debt, page-32

  1. 22,120 Posts.
    lightbulb Created with Sketch. 20
    I didn't just choose NTU I never just choose one stock in a sector I spread my bets
    I chose NTU HAS CXX and wanted PEK but it ran away from me also had some ARU but that was as a U play

    I'd have also chosen LYC but the debt is just something I can't ignore


    You are probably right I have a shallow understanding of the REE industry compared to you but that's because it's not the only sector I'm invested in, to the contrary I'm invested in many sectors and many stocks and right now I'm much more heavily invested in the Cobalt sector as that is where the easy big money is being made at present after all I'm a full time investor and I'm interested in maximizing my returns

    Anyway as I said best of luck with LYC if Rare Earths really take off it should do really well but so will a lot of other developers and they aren't up to their eyeballs in debt
    Last edited by strauss: 25/02/17
 
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