LYC 2.86% $6.11 lynas rare earths limited

bombshell lisence revealation at court, page-47

  1. 273 Posts.
    Yep, the selling started in Germany, -17% right off the bat.

    Luckily, my trade was right in the front of the queue that went through, a lot that came later than me were rather less happy.

    Still, even in Germany many thougth of it as a typical teutonic over-reaction, and indeed the market improved slightly afterwards.

    But as long as Lynas says little officially about Mt Kellett, my eyes are on the market tomorrow and on Monday. I am hoever extremely heartened, that at least inofficially, in phone calls for example to Nightstalker, the company seems to have confirmed that my private Doomsday scenario for Lynas (the Mt Kellett 'Reset') is not an issue.

    There is a thread about this running on Hotcopper right now.

    I will be very happily eat my shoes for being wrong about that. Very, very much so. Still waiting for Monday though, to see if Lynas can gain back some trustworthyness.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.