LYC 0.45% $6.66 lynas rare earths limited

Ann: US Department of Defence Tender, page-7

  1. 405 Posts.
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    Good times ahead guys, hang in there!!!

    There are two sets of funding for LYC in the very near future.

    One set is for the WA C&L plant. From the Kalgoorlie announcement, Amanda said: "We are in various different negotiations with respect to funding and offtake for the WA C&L plant. We do expect to have more announcements on that sometime in the next two to three months”.

    Now we will be expecting another set of funding from this newly emerged U.S. funding possibility!

    Now I understand why the drop in the recent share price. It would have been big holders selling from their left hand into their right hand in order to suppress the share price so that they could get more shares in anticipation of the upcoming news regarding these funding possibilities!

    Watch the volume guys, the game is only started and it will be fun to watch the actions in the next few months. GLTAH!
 
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