LYC 0.34% $5.93 lynas rare earths limited

nyt on new lamp delay, page-29

  1. 1,529 Posts.
    Not so serious mate, I believe this to be a first class company on the brink of a very special place in the market.

    IF it went there though (80c) due to manipulation etc I would be quite happy to take the opportunity though.

    I'm happy with the party whatever the price now because once in production there is blue sky from there.

    It has been a quick ride from the 1.59 recently to where we are now. My view is that the price will remain volatile until we get first feed.

    The fundamentals are awesome and thats my bag baby, the price is what it is and presents an excellent opportunity right now.

    Just goes to show that just because the price is 1.50 doesnt mean we are "closer to a healthy profit" as you put it. We will be closer once operational.

    Not to take you to task but they are not clowns, they are doing just fine in my opinion.

    We all have skin in the game and would love to see our SP higher (human nature) but this is not a ST company IMO, what about an $8 - $10 party in a couple of years?

    What about dividends when the project starts feeding the manufacturers desperate for a stable non-chinese supplier?

    Or the development of the many assets, like in Africa, for further supply of raw materials?

    Or the JV with Siemens?

    What do you think they will add to the SP?

    Its mind boggling really and hard to take in the opportunities presented in the future and put them all into todays SP.

    Seriously, the LAMP is the start of the journey with Lynas and I plan to be onboard when those projects are developing because they will make the $4 party seem stupid. IMO.

    Give me the $10 party...buying now at these prices is a gift.

    Keep smiling.. its all good.
 
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$5.93
Change
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$6.04 $6.04 $5.93 $23.75M 3.975M

Buyers (Bids)

No. Vol. Price($)
8 128544 $5.92
 

Sellers (Offers)

Price($) Vol. No.
$5.95 12481 2
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