molycorp deposition to congress, page-3

Great post triple leg!
The reality is that this RE industry has lacked transparency and for the first time in its history it will have it when LYC becomes an industry heavy weight.
Too many people have short memories and dont appreciate the fuss that the FIRB made over Chinese ownership and stoppped the chinese in their tracks which is unprecedented in Australia for the FIRB to block the takeover of a junior mining company.
The Chinese are buying up Australia and the govt is encouraging this just have a look at the change in FIRB rules on real estate ownership and investment threshold changes and just have a look at real estate prices that are being driven by Chinese ownership - they are turning up in bus loads and buying!
The point is that the govt stoppoed the LYC take over and the US govt is now RESTARTing the RE industry in the US.
Yes the govt and why?
Because the Chinese have a monopoly of a strategic resource so that they can encourage and control industries which are dependant on RE.
So what is the price of RE's in a fully transparent Western world - well if the Chinese aint supplying and manipulating its normal mkt forces - guess what the RE prices`are rising by the week!
Snapshot of LYC numbers at the minute;
RE price US$14/kg less $5/kg costs multiplied by 20000tons is equal to free cashflow of $200m plus which is over 12c/share!
This is where the company will be in their second year of production on todays prices let alone where it may be if the RE price continues to rise`as predicted!
So on a 5% dividend yield this makes the stock $2.50 based on todyas RE price and forward contracts locked in.
There is zero debt the money is in the bank to pay for all of this so the cashflow will be all available to be paid out as dividends and they even have a sweet heart tax deal with the Malaysian governemnt.
This stock is one of the best risk weighted opportunities in the market today and anyone who is worried about some 5minute view of the share price has missed the real opportunity.
LYC holders are sitting on a stock thet will go to $2.50 and will potentially be worth $5 if the supply demand imbalance plays out!
My message to LYC holders is remember this position
position position which LYC has and you will be rewarded!
cheers