I do not like Jack. He has always been a Gun for hire and support goes to who pays him IE MCP who when they stop paying him only got negative mention, Now BK . GWM who was great in his mind until they went BK. and UURF who was suppose to be the best supplier of heavies and it is now over 25 years and still nothing.
In fairness Jack does not mention any company so Lynas supporters should not feel slighted. My guess CMI currently has no paying clients and this article is just to remind people that CMI is still there to hopefully generate some Business. Mentioning any company could cause other companies not to consider CMI. That said he does bring out some good points. How much his comments apply is up for debate. The biggest difference is Lynas Texas or the lamp heavies are not starting with Ionic clays. They are starting with highly concentrated Residue from extraction of Nd, Pr, Ce and La. This Seg has always been bought by China probably because it is economical to extract and purify what they need. That is a very big plus for Lynas. I agree
LYC Price at posting:
$7.70 Sentiment: Sell Disclosure: Not Held
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