Japanese investment dollars dont support this position.
1. Japanese investment dollars are not charity. They invested to ensure an uninterrupted supply of needed RE.
2. The price of investment was even higher than todays value, which was predictable. QANGO dollars are never seen as bottom feeders, but long term investors, and that value is closer to the 7.00 range. So, i would not use that as a baseline, but rather an indicator of customer support, and company significance.
3. Last year if anyone recalls, Japan announced finding one of the richest RE deposits off their coast in an UN-disputed island territory. Why not invest in their own RE processing rather than invest in LYNAS.
I know these are difficult days, which give way to Lynas bashing, but you are posting under a false flag, and your assumptions are fictitious. I dont mean to offend. i am just keeping the conversation true and accurate.
GLTA. Happy holidays to everyone.
LYC Price at posting:
$6.06 Sentiment: Hold Disclosure: Held
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