LYC 2.86% $6.11 lynas rare earths limited

LYC has far too much value to Japan (and ROW) for them to ever...

  1. 1,562 Posts.
    lightbulb Created with Sketch. 327
    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
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.