LYC 1.65% $6.15 lynas rare earths limited

it will be a very interesting few months,china was always going...

  1. 294 Posts.
    it will be a very interesting few months,china was always going to determine the success of lyc and aru ( almost as a by product)if the demand continues to rise and china cuts back for whatever reason, then the financial benifits for lyc and aru will be dramatic.there will be plenty of buisness for both companies.i check lyc web site every tues and cant remember since i started in nov any week the price hasnt continued to rise, and that is what matters,in the lyc stockbrocker report it states that each 50c rise per kilo means a $10 mill increase in lyc net profit/no tax either,
    I think it will be an interesting few months
 
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$6.15
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