opening price, page-104

Two opposing forces will play out on Monday/Tues.

Firstly, the expectation based on the minister's prior comments that the hearing on the 17th will be in Lynas's favour and the TOL issued. There is no reason why a decision cannot be made on the same day as the hearing. This would keep an upward momentum on the SP.

Secondly,the shorts pressure to push the price down until the last minute when the TOL announcement takes place.
The latest data (ie Friday)shows that cumulative shorts (as of April 5 ...ie.last stats available) are now 165m shares at 9.5% of all shares issued. In addition, 10% of all LYC shares traded were shorted on April 12th. So even though there are major positive announcements the shorts have no problem continuing with their game, be they those manipulating the stock or retail holders 'hedging' their holdings.

As far as Monday is concerned, we should see an open of around $1.07 based on a 3.5% fall in LYSCF.
If it closes below that, the shorts have won the day, it's possible we could see further falls on Tuesday 17th if the overall market is down as well....Lows of $1.04-1.05 before the TOL announcement would not surprise.
As always, this is not gospel, so DYOR