LYC 1.30% $7.61 lynas rare earths limited

The collective effect of all the none basket price issues is...

  1. 11,760 Posts.
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    The collective effect of all the none basket price issues is much smaller than most are prepared to accept IMO. For those who do like to keep an eye on the action/price of the "only thing" LYC is able to invoice, I watch various news streams and most are now tending towards stability, even this apparent stability has taken a long time to even look like sticking.

    http://www.metal.com/site/search/cond/rare-earth-price

    No short fix for a cycle, I guess thats why they call it a cycle, has to go around. I maintain the product bottomed in last week June, open to lots of interpretations I know. Will the price shoot up now? not at all, but it will set the bottom in and the trend will take the product higher. LYC and any other viable/solvent suppliers will track the trend. All IMO

    As always DYOR!!!
 
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