LYC 1.30% $7.61 lynas rare earths limited

nick curtis radio interview, page-8

  1. 2,341 Posts.
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    Yes, I remember it well Nursery. It was back in Mar 09 that the share price dropped to around 13c and it was all doom and gloom. The American financing had fallen through and the Chinese attempted to gain 52% with financial backing and wanting (from memory) 3 board members. The FIRB were deliberating and many of the LYC faithful were lobying for a shareholder cap raise and rejection of the Chinese offer.
    Yes Mr Curtis is doing a great job currently, but it could have been so different if not for (in no small part) the lobying of the shareholders.
    Yes, as you so rightly say....Lest we forget!
    For my part, I have been invested since before those heady days of 13c and continue to hold in my SMSF showing a nice paper profit. I will continue to hold LT and expect the company to continue to go from strength to strength on fundamentals. If not taken over, I believe they will become the BHP of rare earths and produce a nice retirement dividend stream in my future retirement....imho.
    As always dyor and GL all holders.
 
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