Contrary to your optimistic view of Molycorp I suggest that you will overcome your ignorance and take a look at the pictures of their plant in construction that they present in their website and explain to me how they are going to produce anything in the next 3-4 years.
I see that you find explanations why the SP must be heading lower so significantly. Sure it is not manipulated at all right? Its only because the REE declined from 91 to 86 ? right?
what is latest re price, page-13
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Last
$7.76 |
Change
0.060(0.78%) |
Mkt cap ! $7.253B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.90 | $7.70 | $22.34M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4481 | $7.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 14225 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |