Unfortunately, no it wont. The overall world seems to be getting wobbly now and IMO renewables along with their high costs to the consumer are taking second fiddle to food on the table. We are back in the 7 figures with absolute no fault to Lynas as we were 2 years ago because economies are faltering. Interestingly there are legal challenges to decisions made in Europe banning iCE cars by 2035. Im sensing a period of stagnation that will keep our share price that way too. So apologies, but when I have seen many posters being very glass half full, and i admire their inputs and opinions, I am not having the same gut feeling. I believe 3, 4 years before significant lynas share increase, say 11 to 12 dollars. Thats my gut feeling. With BRICS and other macro events, the world just is not in great shape and food on the table will take precedence over climate change. America is in a little strife too with a risk of their currency being devalued. Keep up the optimism good HC posters, but Im not at all glass half full now. Quite the opposite.
LYC Price at posting:
$7.18 Sentiment: Hold Disclosure: Held
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