LYC 1.15% $7.71 lynas rare earths limited

lacklustre demand for Pr/Nd, page-21

  1. 3,237 Posts.
    now if the price of Pr/Nd falls and Lynas already producing at a loss, produces more Pr/Nd then won't the losses get bigger and bigger

    Terrible news for Lynas and it's shareholders ........... for a company already bleeding red ink

    22 Sep 2016 by Metal-Pages

    Rare earths Pr/Nd under downward pressure

    LONDON (Metal-Pages) 22-Sep-16. Chinese rare earth markets remained illiquid over the past few days. Prices for praseodymium-neodymium softened amid low consumer buying while prices for other elements remained stable. Producers continue ...

    http://www.metal-pages.com/news/story/95595/rare-earths-prnd-under-downward-pressure/



    Sentiment; Strong SELL
 
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