LYC 0.84% $7.79 lynas rare earths limited

shameless upramp

  1. 19,587 Posts.
    lightbulb Created with Sketch. 4975
    "The official figures showed China’s total exports to be 17,600 metric tons of rare earth oxide (REO) products in the first ten months of this year, up 55.59 percent compared with the same period in 2012. China exported 11,312 metric tons of rare earth ore, metals and compounds in the first ten months of last year, customs data showed." - See more at: http://investorintel.com/rare-earth-intel/63253/#sthash.ulfldrvf.dpuf

    One swallow does not a summer make, and there is still a very long way to go to get a feel for true ROW demand recovery but it does appear the bottom is in and we're out the other side.

    What will it take for this to flow into investment markets? Particularly when the whole minor metals/minerals market is in the toilet?

    Still, Lynas making production goals should at least get the SP halfway to NPV early in the NY. Time to think about closing my cover and spec'ing a few more.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.