lynas - price target 12 months

3.2.2012 Deutsche Bank 2.11$
2.2.2012 Goldman Sachs 1.90$
2.2.2012 Macquire 2.04$
2.2.2012 JP Morgan 2.12$
31.01.2012 CLSA 0.98$

As many of you, I have also my own opinion regarding a 12 month target price for LYC based on many positive asumtions:

> Lynas accomplishes with Malaysian requirements and TOL is maintained until Permanent OL is granted.
> Phase 1 and 2 LAMP completed; LYC starts to generate cash
> No variations on China export quotas
> No competition for Lynas in the global market 2012-2013
> 100$ average Mont Welt Price unchanged
> Flat exchange rates
> 2013 -> 10 PE (10% dilution through convertible bonds accounted)
> No external factors (Israel - Iran intervention)
> No European bond Implosion
> Hedge funds close positions gradually

10$ target price and even more could be a fact.

Good Luck and good luck to hedge funds and speculators.

Value investors will never sell Lynas until intrinsec value is recognised in share value. Any fall would be a blessing to load more shares.