LYC 4.14% $7.04 lynas rare earths limited

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  1. 1,562 Posts.
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    LYC has far too much value to Japan (and ROW) for them to ever let it fall over.

    I sold out of this one many years ago but always continued watching. This latest announcement massively reduces debt and pushes things out from a looming few months to 4 years, leaving plenty of time now for Lynas to reap the rewards of future higher RE prices.

    Cheers

    Freighter
    Last edited by Freighter32: 27/10/16
 
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