LYC 0.94% $6.97 lynas rare earths limited

Its been a very frustrating ride. The stock certainly does and...

  1. 1,056 Posts.
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    Its been a very frustrating ride. The stock certainly does and has favored the downside. And I certainly get how the SP seems to track the worst case scenario from a technical perspective. Nevertheless, I genuinely feel that we are on the precipice of something big:

    - As you highlighted we have a great CEO who is doing a brilliant job
    - Anti-china sentiment has never been greater = US dod contract and possibly greater recognition from other users of RE as a result
    - Building of a plant in Kal WA and in USA through blue line venture = which will in turn lead to greater efficiencies in production and higher targets / and or will lead to greater relations in Malaysia from a business standpoint
    - Rare earth prices have been suppressed by china, as the production chain and users expand. So will the underlying price of RE
    - Use of RE in battery and alternative energies. As we see there is a push for cleaner and more efficient vehicles which currently are heavy polluters (can be seen as California and other states move towards zero emissions) - https://www.capradio.org/articles/2020/06/25/california-passes-the-nations-first-electric-truck-standard/

    If you are long-term holder like me. I know it has been a slow grind. But there is blue sky above these clouds.

    GLTA
 
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