LYC 0.17% $6.05 lynas rare earths limited

great day at the office, page-12

  1. 8,033 Posts.
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    Soul Surfer

    You should go back over my posts

    What I have been saying for isome time is there will be no production this
    Year

    Sorry to say I was right

    Now I am saying even when production starts I doubt weather
    The basket price will be high enough to make a profit

    NC is making sure there is enough to get paid for a couple of years

    Europe and Chinese demand has to pick up to prevent the basket
    Price from slipping under $30

    One thing is the few times I have traded I have made money

    I like some used to hold on because I thought this would be $3
    In a year

    Now I think 50 cents is closer to the mark

    I will be watching the basket price in regard to Lynas now

    I hope everyone can make money but I don't think it will be easy

    Still hurdles to jump


    Imoo
 
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1 849 $6.05
 

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$6.07 10260 1
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