Just reread your post you did say C&L which is now totally depreciated I agree. I have the Q2 Report in my data base because I use it often so I do know it. Maybe you should use some links when making your points https://wcsecure.weblink.com.au/pdf/LYC/02195169.pdf This brings out an interesting question. Lynas's intent was to always shut down This C&L. We were told that KAL would meet the needs of Lamp and Texas and needs beyond this. Now KAL is substantially over budget late and undercapacity JMO its COP will be substantially higher than Lamps C&L. When June 30 restriction were announced 1 August 2019 https://wcsecure.weblink.com.au/pdf/LYC/02129762.pdf Lynas was fine with them because they thought KAL would have capacity and recuring cost to take over. It was almost two and a half years before they started complaining about the restrictions. People act like this license was done in private by MAL gov. If so It is the first time I have seen something like this done without the collaboration of both parties. You talk about IP all the time it must have a different definition than in AU then US. US it is licensable patents and Technology. Lynas does not have a single AU or international patent. Your friend Toly came back a little more than a year ago after the AGM and extensive KAL visit. Said he was told that ALL of KAL was using older design that were well proven around the world. How does that show me any IP on Lynas's part? I googled "IP in AU" i could not find anything that indicated IP was different in AU but I admit I cannot know what I missed. Why don't you give me your definition of IP and some back up that it is the common definition in AU. For me it is not the ability to run and modify an old Chinese design. I have not read much about Texas design but what little I have read it is still the old solvent extractions method that has been used WW for over 30 years for REE and other things for over 100 years. Do you have any links that show my error? Glad to admit when I see I am wrong.
You have claimed you would sell all your stock if they diluted shares any more they have diluted twice since then. You said you thought the high $5.xx range was a good time to get out. (I thought this was a good idea) You did say you sold some in that range but as price went higher you said some then just a little. I surely do not know what you realy did, I question if you do.
How about cars? You supported 48V MH I supported Hybrid and Chem59 Full EVs. Chem actually up till 9 months ago looked like he was right. 48MH are dead. Hybrids looked like they were dead as well maybe now they have a small chance. It will take time to know. No appreciable sales jump in 24 months they are dead. Till that happens I was wrong. For me to be correct Hybrid Sales have to exceed EV sales for a few years. EVs will be the only cars sold eventually it is just a mater of when and I have always said this. we need a transition period and I still think Hybrids are the solution for that. 20 HP 48 vol MH is just too small it has to be about 100 HP
LYC Price at posting:
$6.93 Sentiment: Sell Disclosure: Not Held
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