LYC 2.86% $6.11 lynas rare earths limited

elchagie look at bas's post just before yours.stop dreaming. I...

  1. 1,155 Posts.
    elchagie look at bas's post just before yours.

    stop dreaming. I stopped dreaming especially after two weeks of serious price drops in rare earth price.

    china has obviously shown it has the power of supply and worse they can remove their protection levies should they wish to do so, totally crushing any competition.

    and you wonder why lynas stopped providing weekly prices and removed the basket price (so you have to take effort to calculate).

    rare earth prices was the reason why the SP hit 0.470 (with political risk helping only a fraction).
 
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