Still waiting for Bloomberg, Reuters, Associated Press or the Aussie papers to pick up on the public display AELB news. Starting to think there is a hedge fund game at work with those press groups. Moly's unknown HREE deposit was NYT news but this is nothing? Under ocean REE's were news, but not the biggest REE processing plant progressing towards production? Toyota nonsense about substitutes 20 years away from marketing is news, but Lynas being done with the public issues for LAMP in 20 days is not? Seriously. As the clock ticks, the media's credibility continues to drain away.
Honestly, I don't really think much of these rag sheets, but they do create demand with their dribble. It should be about the story. But even if it isn't the scoop alone should be pushing the true journos.
Lynas should give a comment in an announcement before trade if these guys don't run the story. This is clear progression in the Lynas approval process and it is the biggest news in rare earths in a while no matter how anyone looks at it. I'd like a Lynas comment before I say much, but what's holding back the press?
LYC Price at posting:
$1.05 Sentiment: ST Buy Disclosure: Held
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