LYC 1.32% $6.90 lynas rare earths limited

Buying prior Operations Update

  1. 51 Posts.
    Will be interesting to see how many people buy up in the day or two prior to the upcoming Operations Update. It has been a quite couple of days. I feel like it is the calm before the storm. Exciting times ahead....

    What we are expecting:
    First words from Amanda
    Nameplate, therefore positive cashflow which is the game changer many people are waiting for (Re-rate on the cards shortly)
    Possibly an indicator when stage 2 will start production.
    Will the basket price increase again? +5% last quarter.

    It is clear to me that there is many people waiting on the sidelines. Just look how many views each post has been receiving as of late...

    My Position: Now Long. Putting this one in the bottom draw and see where its at in 6 months. 50c + hopefully.

    Good luck all. Time for me to sit back and watch the action.

    Remember DYOR and do NOT consider this financial advice. Make your own decision.
 
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