LYC 2.36% $6.06 lynas rare earths limited

Northern Rare Earth raised La and Ce listed prices, Pr/Nd unchanged, page-2

  1. 267 Posts.
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    I have seen northern rare earth latest 9 months report. Its sales and inventory level has drop a lot. Now it inventory level is about 9 months sales. If China start stockpile, the supply and demand will immediately be balanced very quickly. It is the biggest light and ndpr re in the world which is about 3 time bigger than lynas in terms of sales. Sojtz, Mtk and Lynas know this and they want a easy time for whatever reason. SH is the only party they can screw. I find no other reason why they need to to big restructuring just before the sun rise. I am sure the coming lynas report will try to reduce the future oppurtunity but to put more words on their fincial stress which is all about few million interest payment.
 
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$6.06
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$6.02 $6.12 $5.97 $11.52M 1.904M

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No. Vol. Price($)
3 12791 $6.04
 

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Price($) Vol. No.
$6.07 13019 2
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