LYC 0.66% $6.06 lynas rare earths limited

increase in director remuneration - red flag, page-79

  1. 19,584 Posts.
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    Garbage Nursery, you are not living in the real world if your seriously blaming Lynas Corp Gov for the collapse of bubble prices and resulting demand destruction.

    How on earth can you have "lost" money you only imagined in the first place, on the back of an unsustainable price spike? You couldn't sell that to kindergarten kids but no doubt you'll harvest your TU's here. Sure you don't moonlight at SMSL?

    Guess you probably "lost" money on Poseidon too, eh? http://en.wikipedia.org/wiki/Poseidon_bubble

    Only a stab but LAMP at steady state I'd hope for an SP circa $3 with the potential to double as the Duncan story unfolds and many competitors fall by the wayside.

    As always, DYOR.
 
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