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The suggestion of a an investigation of Lynas is out of order. In approximately 28 days, Lynas will announce Q2 results. I expect the market sense on Lynas to reverse course and the SP to rise considerably.

The stock has been battered by political events as well as a chaotic RE market. BaoTou's announcement only confirms the state of the market. It sounds as if they are in a cash conservation mode as well now. This could be because of the credit tightening of the Chinese government as well as the supply outlook. Time will tell.

The chaos unleashed by the Central Bank of China is only slowly being understood. We already know that many major companies there are built on foundations of sand.

This could also influence the RE market significantly as many of the black market operators must by their very nature go to the gray market for their funding. This is exactly the type of investment targeted by the CCB.

What we do know is that Phase I is operating at high capacity and that LYC has entered production after 12 years of hesitation,execution and delays.

If the rumors of RE price firming are true, all of the factors would indicate a significant turnaround in share price.