Teething problems are bound to happen, you aren't a producer until you actually produce something. Otherwise Lynas would have put out an ASX announcement saying it had moved to "producer" status.
Risks are still there and so any news during the commissioning and ramp-up phase will continue to move the SP accordingly.
Watch also for the big boys to shake nervous nellies out - given the length of time (which isn't that long engineering wise but for retail holders with a short term focus on the SP it will be).
It is true though that any significant problems may well leak out and this may drive the sp down.
So whilst we are on the home straight - there are a number of hurdles to still overcome before Lynas can be termed a Producer.....
LYC Price at posting:
69.0¢ Sentiment: None Disclosure: Held
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