I agree Falling REE is a big part of problem. You say you re holding, when do you think they will recover? At the AGM AL said 10,5 KT in C 2024. No detail on how. If it is 13 months away should there not have been more to share? She also said NEXT was only months away 4 years ago but In AGM she admitted yearly production was just over 6 KT.
I know what TA used to use it a lot 25 years ago when I day traded. TA is great for picking a point when you want to trade, It amasses me how many on this board say they want to be long term holders and will hold thru years of low SP dreaming of the day it will recover. Lynas hit a multi year high of Au$ 11.59 in Aprill 2022. half of that is 5 80 what do you think the chances are of being at 5 80 or below 2 years after that high. I think very good.
LYC Price at posting:
$6.35 Sentiment: Sell Disclosure: Not Held
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