LYC 3.43% $6.34 lynas rare earths limited

I bought in this morning. SP is up for a rally: 7c target? I...

  1. 207 Posts.
    I bought in this morning. SP is up for a rally: 7c target? I think, Qtr will be overally positive confirming the trend "costs down, sales up". Molycorp is in trouble and set for bankruptcy - that is also a good news for Lynas as REE supply (outside China) will be reduced sensibly and dangerously for REE importers (Japan, Europe, etc).
 
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