I think you bring up a good point. Lynas didn't need 149 acres for a LRE and HRE separation plant. I have no doubt there are plans to go mine to magnet. This land was bought from Union Carbide and Dow Chemical. With the DOD involved I doubt there will be delays waiting for public approvals, etc. Dow already has a substantial presence there. Lynas has the capability to grow into the 933 million shares, but it would sure help our visibility if Lynas would pony up the $40,000. and get us on a major exchange. A lot of the funds won't touch anything under $5.
LYC Price at posting:
$6.86 Sentiment: Buy Disclosure: Held
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