LYC 2.73% $6.40 lynas rare earths limited

70c party, page-17

  1. 1,226 Posts.
    Before we get too excited please note that nc told us fa.
    He told us that he was wrong with his 98% completion of plant when he did.
    Without much calculation the 2% left to complete of the PLANT would have taken 2% of 100% = 98% which was complete.

    This only amounted to a few weeks at worst...
    So what does that tell you? "nothing much other than that they took about 1 year to complete the 2% .... geesh

    In reality the 6-7% gain today is just hype.

    I'm a LT holder so its not to my advantage to downramp LYC in fact the opposite.
    I would appreciate other's opinion.
    cheers.
 
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