LYC 4.18% $7.72 lynas rare earths limited

Good morning allI think its best to ignore the hindsight traders...

  1. 290 Posts.
    Good morning all

    I think its best to ignore the hindsight traders among us. They never lose, do they?

    Following article is well worth a look if interested.

    http://seekingalpha.com/article/103972-rare-earth-metals-not-so-rare-but-valuable?source=yahoo

    LYC have 12m Tonnes at a REO rate of 9.7%. 1.1M tonnes of REO at $12??(not sure of current price) per kg. Thats over US$13B worth, with Malawi to come.

    Regards

    GH
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.