LYC 2.72% $7.14 lynas rare earths limited

lamp phase 2, page-2

  1. 17,247 Posts.
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    It could be that Lynas will inform the market with all updates cocurrenlty in their End of June Q2 report which would be expected between July 1 and July 10, 2013.

    As per their previous activities report, expected to be fully ramped up to 11,000 T by end of Q2, phase 2 99% complete etc and samples of product/ off take agreements moving ahead.

    It would be a good time for long term holders to be a little patient imo, come end of June you may have a few decent anns to digest which will probably/ possibly remove more handcuffs from the company and volatile SP.

    Currently short but time to cover is between now and end mid/end June imo when the SP MAY start to turnaround which will then be the time to buy rather than short.







 
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