LYC 1.30% $7.61 lynas rare earths limited

lyc - deal and breifing this morning, page-5

  1. 7,486 Posts.
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    Dont know why people r so focused on closing gaps. Today's announcement was a seachange in LYC's emergence ........ 40% of proposed production to single global buyer ......... and that cements its future. Means BFS / PF wont be any probs. And their media presentation talks about AIM listing next for the PF. Different company today than yesterday. Wouldnt surprise me if this is thru the ruck this arvo without that gap ever filling. There are breakaway gaps u know. Punters dont realise what this means and just waiting to follow a leader as usual. Price should be doing a small right shoulder around 30c now for mine waiting for next launch to a simple ladle target around 52c next. Got my core investment stock today and happy to sit whilst traders games resolve. Might join in for some trading stock myself next.
 
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