LYC 2.03% $6.74 lynas rare earths limited

lynas sees good returns from gebeng plant, page-86

  1. 2,364 Posts.
    Sorry you lost out Arafura but I have to say: another weak holder bites the dust.
    Yes projected profit this year is, essentially, break even. Every other producer in this space seems to be losing a heap so what do you expect??
    I see it as good news (for holders) that Lynas can break even when the whole sector is hemorrhaging. A turnaround (and I see it as inevitable) will see Lynas as the ex-China (or world) leader in this space.
    Sorry you'll miss it.
    Best of luck with other investments.
 
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