Greece having a financial collapse should have absolutely no effect on Lynas. Just say I went bankrupt, would that have an effect on the Lynas SP. NO. So nor should the Greece problem either. It may have a small effect on Europe. It will not be significant anywhere else. It is just another lame excuse for the financial world to create volatility in the stock market and the banks. They need that volatility to prosper.````````````````````` They make nothing out of long term investors. Let Greece default. Let banks suffer for their bad judgement. Its their turn. They try and pass the buck and let others carry the can for their mistakes. Just try and get them to carry the cost of your mistakes and see how it ends up.
Lynas is fully funded. Lynas is headed for producing something that will be in demand and in short supply regardles of Greece ending in the bottom of the harbour. I'm sure China is laughing all the way to their bank about the way the banks operate in the "free" world to keep skimming from the rest of society so their performance bonuses can be paid regardless of the actual performance.
So let Greece default. (We could do with a few more honest hard working Greek migrants).
LYC Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
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