LYC 0.16% $6.29 lynas rare earths limited

hughe rise in rare earth prices!!! today

  1. 927 Posts.
    Hey Guys!

    Greetings again! Yesterday i said, its time for cooling down lynas and arafura. TODAY, on metal pages, some REOs did rise VERY STRONG!! Lynas Basket is now around 60US$/kg with this prices!!

    This should have a big impact on share price! Deutsche Bank did have the goal of 1,80 Aud with half of REO-Price today. This means, new goal is much more than 3,60 AUD! Because costs are fixed....

    On the other hand: Lynas did drop down today in germany very much, but did rise and rise still again! Germany, USA and Japan want to got to WTO because of REO restrictions... Some companys here in germany have just problems to produce!!!!

    Because of the very strong rise of REOs today, i dont belive that we will fall any more. I think share price will skyroket now!
 
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