LYC 0.39% $7.75 lynas rare earths limited

over here blossum , page-43

  1. 2,057 Posts.
    Anti - glad to be corrected here - but hasn't poor old Molycorp already raised the extra 300 Million @ a $6/share placement?

    So they're not exactly cash strapped.

    Also they'll be producing now and don't have the serious sovereign risk issues Lynas suffers with Malaysia given the fact they're operating in the US?

    Overall there looks to be no "golden" rare earth child - rather a lot of redheaded step children.

    Rare Earth shares across the DOW suffered big drops today also - would love to know the rational behind it.
 
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