LYC 1.30% $7.61 lynas rare earths limited

greenland is home to the largest re deposit

  1. 12,085 Posts.
    headcoach

    It MAY have a large deposit. The concentration/grade is unknown. It COULD supply 25% for 50 yrs. The government MAY be willing to ease restrictions on a case by case........all hyped speculation.
    Also, if the dooms dayers belief that REE are not rare and that the elements have alternatives along with a massive basket price crash are correct(not) then this maybe deposit is an utter waste of time. The time frame to get it into production, assuming it exists, is purely academic. LYC is at the barrier ready to bolt as good as today.
    Sorry, outside of China,it's either Moly or LYC and the latter is ready to go with a state of the art plant. I fail to see how Greenland could even be considered part of this race.
    Appreciate your tenacity but you haven't given me good reasons why LYC is a dud.
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