I just looked at the market results and I must admit I was a bit...

I just looked at the market results and I must admit I was a bit surprised to see Lynas backfill a bit. In light of this, it makes no sense that the conservative CEO of a company would present what I would call a mildly glowing report only to see the share price tank a couple of days later for no apparent reason. Is it a problem with Lynas or are there other factors here?…

IMO, the pullback today will provide TT with a chance to buy back the share he is short but other than that it is the Australian market is overreacting to a pretty significant correction in the US market. To be honest I was wondering when LYC would correct and the fact is that it held up well for the last few days before succumbing to the pressure of the US meltdown is a testament to the strength of Lynas an emerging company with a nascent technology in an industry still being defined…

Bottom line, the story at Lynas remains the same and was reiterated by Amanda a few days ago so other than a good opportunity to buy the dips this correction is nothing more than backfilling and a good opportunity to accumulate some cheap shares…. JMHO…