LYC 0.90% $7.70 lynas rare earths limited

lynas quarterly report investor relations call, page-8

  1. 23,007 Posts.
    lightbulb Created with Sketch. 769
    IMO, the company has being lying doggo so that it will not want to release any info on contracts until it cant avoid the anns. This is likely the reason for announcing a floor price post July 2013 so that any provisional deals done before then did not have to be announced.

    If one believes in the fundamentals of the company then a few months really dont matter but for those gamblers who are short or daytrading, I can appreciate their short term anxiety.

    But, I guess, if you are in it for the short term hit then be prepared for the loss
    as well as the potential gain. For long term holders, however, fundamentals are everything.
    ( "In the longer tern the market is a weighing machine"- B Graham-Buffett's mentor-)

    Cheers
    Moorookamick
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.