LYC 0.34% $5.93 lynas rare earths limited

Yes it is going up. shorts short to make money not drive the SP...

  1. 7,408 Posts.
    lightbulb Created with Sketch. 501
    You do realize that this is all CAPX offset so it adds to the bottom line over 20 possibly 30 years. If Lynas just built the plant it would be producing now and that would have gone right to bottom line. Was this money worth the delays?

    Also listen to what AL says in CC after assuring us they would break ground early in this Q it is slipped yet again by about 6 months. They can even get start date correct how can we believe finish date. The original finish date was late in 2022
    Could you explain with numbers the impact on share price.
    Yes it is going up. shorts short to make money not drive the SP down. They short because they think price is going down. Just like many buy when they think price is going up. Any idea why so many shorts think price is going down?
 
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