LYC 0.30% $6.76 lynas rare earths limited

Watchers of Sky Business Channel might recall a well known...

  1. 913 Posts.
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    Watchers of Sky Business Channel might recall a well known Analyist and now Fund Manager Roger Montgomery giving his medium cap stock picks last year.

    Lyc was his main 1 saying that he believed that the Malaysian issues would be resolved and that they would go into production.His comments where that if the basket price of Mt.Weld held up then he had a target price of $9.00 per share, this price wouldnt have figured in the Duncan deposit which would obviously increase T/O and his target price.

    He did not give a timeframe of the target price but i respect his views and was the main reason for me to buy Lyc.
 
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2 9162 $6.75
 

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$6.78 5455 1
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