Cant believe Im organized, presents wrapped and a couple of...

Cant believe Im organized, presents wrapped and a couple of hours to kill before the feasting!

I can see what both sides of the argument are saying, sure nothing goes up in a straight line and nor does or will Lynas.

There will be resistance around $10 thats for sure, every dollar point takes a bit to crack through for every stock and the ten increments more than most.

However valuing LYC on a total traditional price to earning ratio is way off the money.

So the potential here has far more future looking vision than many a boring mining g stock. More like a Tesla which has a MC according to traditional formulas far off the planet....and yet it grows..

LYC is selling the product and selling the dream and people know the wests dream of all electric rests dangerously, too dangerously in the hands of the Chines government...except for LYC...so how do you value that..?

Moving through the holiday break and into next year the Financial media is and will continue to be tipping battery minerals and tech minerals as the sector to be in next year and investors on break with more time to kill than normal will be reading up on next years projected trends.,

This whole renewable thing is not getting smaller, its getting bigger and at a quicker pace. Even the" it won't tow your boat" Government is getting onboard the EV revolution...

Sure a decent amount of LYCs current and future MC growth is based on hype of the looming massive shortfall in virtually all battery and tech metals but sentiment (even hype) is a huge part of any market. That is part of the valuation. A big part.

So IM looking forward to continued growth and progress here with obvious normal retraces and consolidates through the new year and beyond.

Have a good day all.