lamp turmoil also for alkane, page-4

Hi

I hold both, Lynas and Alkane, and held ARU in the past.

I subscribe to news from the REE area and over the weekend I read some articles that China's official release of export restriction figures are not entirely correct; apparently more REEs were exported overall than China lets on officially. There are still illegal backyard operators in China who are selling their product, illegally, it seems, but making the actual export figures from China higher.

This adds to the insecurity, which the market generally is exhibiting, hence - IMO - the retrace in the REE shares (and others), but also, with conflicting messages happening out of China as well as the problems with the Greens in Malaysia, people are just a little careful in investing in this market. It is, at this moment, no longer a 'hot' sector. Its time will come - again - but please be aware that the markets generally are tending bearish at the moment.

I am still keen on REEs, as I believe there will eventually be huge competition for the end product, as they will be needed to make our brave new world less dependant on oil and coal.

Cheers

Taurisk