LYC 0.00% $7.02 lynas rare earths limited

sell to forge, page-24

  1. 6,316 Posts.
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    Hi Tradezman,

    Must admit i had not paid much attention recently as i have been holding like many as a longterm investment even though i have not been a holder for very long. Saw the incredible growth potential and bought before the Chinese slapped the export Quota on REE's.

    I also gave NC the benefit of the doubt with his recent sale even though in myo it didn't appear to be very good timing. Didn't he try to justify the Sale as being to diversify. Question. What did he use the money to diversify into?

    What do we have now?

    Two companies run by NC.
    One is now in suspension awaiting an announcement for a material asset they are looking at purchasing along with a capital raising. Along with that are the performance options for Nick if all requirements are met and coincidentally we are looking at selling the Crown Deposit.

    Ummmnn!!!! Am i reading this right?

    No conflict of interest is there!!!

    I think a bit more will come out before we all get to cast our votes at the final outcome.

    Cheers markco2
 
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