As I have said before I never buy on price I buy on Good News. Right now REE prices not rising which is required for me to buy and nothing that says Lynas volume in next 2 years will rise substantially. Yes there are lots of words but seldom has this company made what the promised from original name plate to NEXT to KAL. They may this time but I am in the show me mode right now till I see a couple of promises start to come close as opposed to slip, go over budget and not come close to spec for many years. I see no way for SAR not to have Negative profits and normally that would cause a big SP fall. To understand why SAR will be in RED look at my posts. I have posted multiple times details on why I believe AR will have profits in RED. I change the way I approach it often, just hopping it will click with people. So far No One has presented any sort of argument why they might be positive. A few have responded with name calling and slander but that just tells me I am correct when they behave like school yard bullies. So here are a few of my arguments. There are more..
What do they see that you do not? Below six maybe even 5.50m by Febuary a 20% decrease in 3 months. Please explain why you think I might be wrong. If you think I am. I think a discussion would be good for all of us.
LYC Price at posting:
$6.35 Sentiment: Sell Disclosure: Not Held
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