LYC 1.32% $5.98 lynas rare earths limited

Before we get too excited please note that nc told us fa.He told...

  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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