Robin Bromby also picked up on the Goldman Sachs report. He is very positive about rare earths "the party is only just getting started".
"RARE earths were making headlines as the week ended -- but for all the wrong reasons.
The hubbub was a consequence of Goldman Sachs issuing a report predicting that the rare earths market would be in surplus by 2013. Remember, recently we have seen other forecasters predicting a big shortage from 2015, so bad that China -- now supplying 97 per cent of the world's rare earths -- would become a net importer. So which one is correct? Probably neither."
Follow the link for the rest of the article.
http://www.theaustralian.com.au/business/mining-energy/confused-debate-about-rarity-of-rare-earths/story-e6frg9ex-1226052103884
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55.0¢ |
Change
0.020(3.77%) |
Mkt cap ! $331.9M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
7 | 100906 | 55.0¢ |
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Price($) | Vol. | No. |
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55.5¢ | 117919 | 5 |
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No. | Vol. | Price($) |
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7 | 100906 | 0.550 |
2 | 8964 | 0.545 |
8 | 165910 | 0.540 |
1 | 6000 | 0.535 |
9 | 89550 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.555 | 117919 | 5 |
0.560 | 10856 | 2 |
0.565 | 46659 | 4 |
0.570 | 39000 | 3 |
0.575 | 77000 | 2 |
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