LYC 0.78% $7.76 lynas rare earths limited

massive close smack down, page-16

  1. 18,395 Posts.
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    Starwoman

    I do not subscribe to conspiracy theories. I know the facts as gleened from announcements to the ASX and as discussed here, really do speak out against N.C., but I also believe he has done a great job with Lynas by identifying a need and a good resource at the right time - which he is probably doing now with the Crown deposit. (Check out other secondary plays by other company directors, they tend to languish for a long time.)

    We are really guessing as to what FRG/N.C. have in mind for Crown, if and when they purchase it. If it really bothers you, buy shares in FRG.

    In the meantime, back on the farm, Lynas have the Mt Weld deposit and are well on their way to becoming a producer - first cab off the REE-rank in the Western world.

    We are about to reap the benefit of his foresight if not in the next few months, then by 3rd quarter - in the meantime the manipulation of the s.p. by the 'big boys' gives the smarter amongst us a chance do the same and maybe take profits or increase our holding.

    I see the public discussions of the shortcomings of N.C. as a negative for our shareprice. Lynas has done well and will be doing well with or without N.C. IMO - a good management team and specialist team seems to be in place as far as I can judge.

    Sorry, starwoman, IMO this protest will achieve nothing. But if it makes you happy I'll submit a 'no' vote.

    Taurisk





 
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