LYC 0.79% $6.30 lynas rare earths limited

russiancircles :)I agree with you!I regard most of the so called...

  1. 1,633 Posts.
    russiancircles :)

    I agree with you!

    I regard most of the so called revelations at the AGM as nothing more than director spin to keep their jobs and pay in play. The Lynas story on the face of it continues to sound very positive. Even though IMO nothing said was definitively something we can all take to the bank!

    I remain to be convinced that LYC is a success so will wait for either convincing quarterly financial results or a convincing SP trend change to be certain that it is a success. So far neither has occurred and the trend down is still in force. Even if the SP jumped to 40c next week the down trend would still be intact. Hopefully the trend will be convincingly breached soon rather than continue down until a good QR!
 
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