LYC 0.26% $7.67 lynas rare earths limited

Aus - did you listen to the broadcast?The plant will be...

  1. 2,057 Posts.
    Aus - did you listen to the broadcast?

    The plant will be operational mid this year I believe.

    Given the beating LYC has taken over the years - I guess if beating on Moly makes you feel less pain - more power to you.

    There's a perceived idea of "competition" when I read some LYC posts - LYC has its share of issues too - both these RE plays do - and ignoring spots on one but not the other....that's not good when the name of the game is to make money.

    Open eye's and an open mind will make you money in the long run.

    The one thing I did find of interest is the Sorb-X product - the US water regulatory bodies have really been cranking up their TMDL requirements - and I think municipalities will HAVE to start using these products - environmental regulations may be a real boon for MCP.

    The real problem I came out from that presentation was they expect sales to be even WORSE in the next half - so the market looks to be st@ffed for the next 6-12 months - regardless of who your RE of choice is.
 
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