LYC 0.00% $6.40 lynas rare earths limited

Ive just hung up speaking with Andrew Arnold Coy Sec.His take is...

  1. 872 Posts.
    Ive just hung up speaking with Andrew Arnold Coy Sec.
    His take is that the SP drop is related to the perception that the prices off all REE,s were in a bubble,and necessary corrections taking place.
    Is he concerned..No.
    Nick Curtis is currently on the road again doing "Business"
    The negotiations with the two Letters of Intent are progressing well,as well as other clients..but due to the sensitivity of these discussions no further comment can be made.
    He reconfirmed that they are very pleased with the way things (constructions/time tables etc) are progressing..no hitches,on time,within budget.
    As soon as new ink has been put to paper the market will be advised.
    As with any contract,no definite time frame can be given...importantly they are progressing well.
    End of very encouraging call.



 
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