I am a long time investor in Lynas and I sat through Amanda's presentation today and listened to the lengthy Q&A session.
As usual I was impressed with her presentation and her obvious command of the detail in all aspects of the company's operations.
One thing I did take away from the event was what Amanda did not say. As expected there were many questions about the licence renewal, Kalgoorlie progress and contingency plans. Amanda was, as expected, careful in answering those questions playing a very straight bat - that said I was left with the distinct impression that there is much more going on than she was able to say, particularly in Malaysia, and that they have very comprehensive contingency plans in place albeit I suspect that they may not be required.
Very happy to continue holding what is for me a large parcel and ready to accumulate some more if the SP falls much more.
LYC Price at posting:
$8.05 Sentiment: Hold Disclosure: Held
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(20min delay)