LYC 0.63% $6.41 lynas rare earths limited

CJ Please give it a rest The reasons most of us are shareholders...

  1. 112 Posts.
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    CJ Please give it a rest
    The reasons most of us are shareholders are as follows
    * LYC is nearly at breakeven having come a very long way
    * ASP is heading up
    * COP is trending down
    * The SP is basically equivalent to a Call Option on the Px of LRE
    my own estimate is that the leverage is around a factor of 6. Ie if the px
    of REO goes up 10% the SP maight go up 60%

    The above is good enough for me. Im tired of reading "detailed" and ignorant
    assumptions
 
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