LYC 1.98% $6.92 lynas rare earths limited

re: Ann: Strategic Alliance Agreement - Sojit... Nothing in...

  1. 11,748 Posts.
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    re: Ann: Strategic Alliance Agreement - Sojit... Nothing in politics is potentially as damaging as appearing to be less than your competitor. China we know have taken care of ree business for China, Japan have in one fell swoop taken care of 30 percent of their needs for at least 10 years. Germany and the USA are in a tight spot right now, the only certainty is that they cannot be seen to do nothing. Don't blink in the next 3 weeks or you could miss something.

    As I said a little while back, still plenty of fun for the short termers, but with higher lows and higher highs. If you are looking for major downside moves on the actual Lynas fundamentals I don't see it, for some who wait for the cloud inside the lining, best you can hope for is GFC2, to which I do not subscribe.

    DYOR!!!
 
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