LYC 0.34% $5.97 lynas rare earths limited

short term lomg term

  1. 138 Posts.
    short term lynas will remain under pressure with the rest of the market
    1.funding a massive plus
    2.the biggest plus for lynas is the increase in production costs out of the chinese mines
    3.auto car sales will be slow however surely after this last oil spike car manufactures will not want to held at gunpoint by oil prices .
    3. the amount of rems req in tvs ,magnets, batteries,lights is so small that the end price changes little, so there will be room for increases in pricing.

    long term risks i see is predatory pricing by chinese mines
    to make it uneconomical for other mines to succeed.they have done it before
    With all this doom and gloom is hard to stay positive ,
    there will continued risk in equities you cant rule anything out.
    Management at Lynas has been in my eyes very good ,the very fact they have their funding done is a huge plus .

    fingers crossed

 
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