LYC 0.78% $6.35 lynas rare earths limited

brainwave phase 2, page-19

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    Thanks dicko. That actually sounds credible given what we know of the problems, procurement lead times for special parts and statements by the company. At least as credible as rumours and gossip can be.

    They may wait until commissioning is complete and production capacity proven before making any announcements to ensure they dont look incompetent again. They would also need to raise capital at that point i would think.

    Expect an announcement late nov or december with maximum spin to kick the price up, followed by a pre-xmas capital raising a day or two later to smash the price down again in the hope investors will forgot about the past and start fresh in jan.

    Bit of pain for longs to come yet.
 
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