LYC 2.09% $6.09 lynas rare earths limited

RRI have read all the commentsyour comments have seemed to reach...

  1. 801 Posts.
    RR

    I have read all the comments

    your comments have seemed to reach a double top when you repeat yourself.

    This is a good sign for me to buy back in.

    Please come up with something worthwhile to add to the analysis.

    I thought 57.5 would hold so sold what I brought at 58.
    I have a small buy at 50 that I can move up if I want to.

    It seems a buy to me, soonish...

    with a little positive move in the US, the 2nd tranche of spp arriving on Tuesday, I think we might just about be at the bottom.

    I did read they needed 80m to get them through to production so 150m should do them very nicely indeed. The plant obviously is the newest going and the resource is clearly world class.
    One trick pony company is not a problem at all if its done well.

    The only thing that is stopping me going long is the SP movement. too sharp an angle, to many stop losses being hit by the look of it. But at some point the instos will come in and just start taking what they want.


    Disclosure is no position, but i do have a 100 odd shares so I can participate in a SPP if I want to.
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