If the share price is low due to shorters, and shorters short stocks that have a high probability of going lower, see exhibit A (proven), then one could conclude that buying Lynas might be a bad idea?
As for the "deposit will be mined" or "One of the best in the world", is of no consequence if the ability to mine the deposit and produce at a profit is an unequitable proposition, as has been proven thus far.
The time to go short is still now as the next news will be a two-folded canning for the shareprice.
1. Capital raising at a discount.
2. Mt Kellet revised Bond swap price
3. Terms of the capital raising wont be pretty, IF they find anyone foolish enough to step up, which imo they wont, it will be up to shareholders.
2. Wont be anywhere near 2750T per Q production speed in June Q, as suggested imo.
Last one shut the door.
- No demand
- Falling prices (see last Q)
- Costs well above sale prices
- The end.
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lots of non holders posting, page-63
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | $7.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.77 | 3385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | 7.730 |
3 | 12284 | 7.710 |
1 | 9401 | 7.700 |
2 | 30653 | 7.690 |
2 | 18250 | 7.680 |
Price($) | Vol. | No. |
---|---|---|
7.770 | 3385 | 1 |
7.780 | 12284 | 3 |
7.790 | 9401 | 1 |
7.800 | 12151 | 2 |
7.810 | 9401 | 1 |
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