Another factor in Lynas' favour is that it's Lynas--an existing billion dollar-plus company that already mines and processes rare earths. I think the experience in the processing is especially valuable in this competition. Plans already are on the table and this already has been discussed in Texas and with the Feds in D.C. by our CEO. Plus involving both the US and Australia is in keeping with the now joint program to develop the rare earths industry. The 50% to 80% jump in North American wannabe rare earths miners on Wednesday seems to suggest these folks know the potential of this opportunity. My bet is on Lynas and/or Ucore. And that is why early in the trading day I added LYSDY and UURAF shares.
U.S Army to fund rare earth plants, page-39
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$5.93 |
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