LYC 0.77% $6.56 lynas rare earths limited

short of the year

  1. 17,232 Posts.
    lightbulb Created with Sketch. 954
    this one has to be it.

    Downtrend since April 2011
    REE prices dropping
    No approval for production
    unrest with the locals malays
    South east asia politics - yuk
    China convalluding up stories about the "real" demand for REE or should I now say lack of...to suit their plan....and yes they have a plan.
    Basket case prices reporting a downtrend and weakness
    Market cap still $1bln overpriced or 55c imo

    It is up there with the best shorts of the year....will it continue in 2012?

    China....they and no fools.



 
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