LYC 2.73% $6.40 lynas rare earths limited

Arafura looks threatening.

  1. 739 Posts.
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    I made a new thread as I unfortunately think this Arafura announcement of a German company giving Arafura a credit line of $900M for their mining operation to be built outside Alice Springs is important to us. With the world starting to wean itsrlf from aggressive China Im fearful, and have mentioned before, we will be losing market share. Malaysias shananigans cant come at a worst time for us. Im suspecting this was a reason for the share trading being subdued due to a wait and see. Not sure. Either way the worlds rare earth demand will not be ransomed by the Malaysian government and the rare earths industry will see us lose market share. I have lots of skin in the game and I believe the Malaysian experiment we are locked into has lost us valuable time. GLTASH but us thinking Lynas will have a bull run may be disappointed. Im reviewing my long term position now. The clock is ticking and Lyc is looking unloved now. I want to be wrong and positive with our financial position but all said and done the share price just will not reflect that. I cant blame shorters on everything since we have had no bounce back. Next 6 months will be my key time. Fancy this company trusting a despot Asian government. What the hell. GLTASH.
 
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