LYC 1.95% $6.29 lynas rare earths limited

Nobody here gives a damn about what anybody else thinks.Its only...

  1. 1,155 Posts.
    Nobody here gives a damn about what anybody else thinks.Its only an anonymous forum.

    You wrote

    (paraphrased only)
    "whoever uses the basket price and 11kT to work out the gross profit is Alice in Wonderland"

    which is not true because even though there are some carbonates produced in S1, the 11kT actually refers to REO - which is like the industry standard unit of measurement and so the basket price can be directly used with 11kT.

    For a person who follows so closely the RE industry and Lynas
    to make such a startlingly misleading statement and sound so sure ("Alice in Wonderland") ....it made me wonder.
 
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