Yes there are so many ways this could go, but if we did see a repeat of 2011 the smart move would be to sell at the peak and then buy back in once the dust had settled; why ? Because your fundamental assumption is still valid, Longonjo is going to be providing dividens for years/decades to come.
Now I hope everybody has noticed that there is a downside to every spike. The 2012 downward driver was probably Lynas' Malaysian plant coming online.
Just to fuel the coming Storm a little more, When is Malaysia scheduled to be shut down and when will Kalgoorlie be built ~ it seems there may be an extended period where there are no alternative suppliers again ?
What will be the next highly speculative theory for all us shareholders to dream of, a takeover ???
PM8 Price at posting:
98.0¢ Sentiment: Buy Disclosure: Held
