Yes, I bought a few at 11.5. After rowing through hurricaines...

Yes, I bought a few at 11.5.
After rowing through hurricaines across an ocean; I fear nothing.

My logic is that the Japanese cannot takeover and operate the LAMP in Malaysia due to cultural sensitivities. The only other serious bidders that I would envisage in a liquidation scenario are the French, but I suspect they wouldn't be prepared to pay enough for Mt Kellet and the Japanese to recover their investment. Therefore, I expect a solution to be found to keep the business running. What I would expect however, is that the Japanese make Lynas management more accountable for their expenditure in ways that we shareholders collectively failed to do at the last AGM.

Of course, we wait with baited breath for such a solution to actually materialise.
Nick and Amanda are cutting it very fine, raising the possibility that they will just kick the can along the road.
Of course, my confidence is not investment advice and Administration is still a real possibility.

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