LYC 1.05% $7.69 lynas rare earths limited

IMO I think Lynas will be biting off more than it can chew if it...

  1. 821 Posts.
    lightbulb Created with Sketch. 134
    IMO I think Lynas will be biting off more than it can chew if it merges with MP. Cash is depleting, ndpr shows no signs of a rapid recovery and I ask can Lynas afford to fund any unforeseen problems merging with a company with debt. I think the US market has said it all. MP is the beneficiary of a possible merger. Nah. I think it will fizzle. Lynas needs no more financial complexity and Lynas is way ahead of MP to stand on its own two feet . I don't think we should be worrying directly with magnet production right now either.Stick to RE separation.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.