Well, a US government think tank wrote a 200-page report – these are the top professors, the top scientists, the top economists coming together – anticipating a supply shortfall in certain basic elements. Instead of only two elements that are most critical and strategic, there are now five. They're saying that in the short-term we could experience supply shortages of yttrium, europium, neodymium, terbium and dysprosium.
H: We are watching Lynas carefully because we think it may serve as a bellwether for the whole rare earths sector. Since April 2011, and the delays with receiving that temporary operating license to begin the commencement of refining rare earths, Lynas has had a nice bounce. Last time it did this sort of reversal from a downtrend, it made a very large gain.
TCMR: So, are you saying you're long on Lynas?
JH: Yes I am. But we have to remember that a temporary operating license to refine rare earths under certain conditions doesn't automatically mean the sky's the limit. There may be a response through the sector. Other companies may realize that the rare earths and Lynas can get to a state of eventual cash flow as a pioneering model for the whole rare earth sector.
http://www.resourceinvestor.com/2012/02/16/unstoppable-demand-for-rare-earths-jeb-handwerger?ref=hp
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Last
$6.56 |
Change
0.050(0.77%) |
Mkt cap ! $6.131B |
Open | High | Low | Value | Volume |
$6.51 | $6.59 | $6.49 | $8.348M | 1.273M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 16304 | $6.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.56 | 2708 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 6.550 |
1 | 100 | 6.540 |
1 | 10000 | 6.510 |
3 | 5500 | 6.500 |
2 | 5330 | 6.480 |
Price($) | Vol. | No. |
---|---|---|
6.570 | 24700 | 3 |
6.590 | 1193 | 1 |
6.600 | 21366 | 10 |
6.610 | 569 | 1 |
6.630 | 15000 | 1 |
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