LYC lynas rare earths limited

Yet another claim that MP is Much less competent than Lynas...

  1. 8,340 Posts.
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    Could you please read The published data from both companies. Then list where MP is inferior considering when Lynas started and MP started. Very easy to say, Can you give examples using data from company.

    "all known what they are not capable of?" But some examples would make your point Data and not speculation

    Key points might include comparisons Between MP and Lynas on the following points.
    1. Achieving 6 KT of NdPrO output. MP is not there yet but their ramp is much faster. and on schedule
    2. Building site in Texas. MP from announcement to occupy facilities in Texas 2 years. Lynas announced a 3 year plan in 2019, (done in 2022) and now has a 30% probability of being done in 2028.
    3. Doing what they say. Lynas does not have one example of being, on time, near budget, near capacity MP has many.

    Pick one of the above 3, if you want and I will defend my opinion using only data from published reports from both companies. Nothing by outside sources.
    Every one loves to think price would soar on a different exchange but can you give any report that says this is true. Easy for dreamers, that want more, to say. That does not make it true. In fact a recent poll published by someone else on this board showed that 30% of ASX companies that had full listings in US wish they did not do it. Lynas met full listing requirements for over a year before 2022. They did not apply. I wonder what AL and board saw that you do not. In about 6 months if SP does not drop below US$5.00. they will have another chance to apply. JMO they know more than you and will not apply. They all have stock if US listing would raise stock like you think why have they not applied when they can.

    Just for record Mellon bank who issues LYSDY did not apply to have LYSDY taken off pink sheets either. JMO they knew that Lynas's future SP might drop below limits to stay off pink sheets and knew how bad that announcements would be. i worked for a start up. We were on pink sheets we did not apply until we were 2.5 X better than requirement, so we were reasonably assured of not going back.

    If you are a long term holder maybe you remember what happen to MCP's SP when they were taken off of NYSE and put on pink sheets. Bankruptcy soon followed.
    Yet another claim that MP is Much less competent than Lynas without any proof at all. Yes MP is losing money and they will have the highest loss ever for a Q in their next Q, CY Q2. Look at this and they are inferior. Look at what they say they will do and do compared to Lynas, and a totally different picture emerges. Note last Q they told us QTQ loses would widen and why. They do not hide bad news. Lynas never mentioned 4X overruns at KAL until Q reports made it clear what was happening.
 
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