LYC 0.39% $7.73 lynas rare earths limited

what is latest re price, page-7

  1. 5,545 Posts.
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    Hi Aqua,

    Don't pay any attention to thumbs; they mean stuff all.
    People TD or TU for all sorts of reasons but none of it will affect the shareprice which is controlled by the big boys.

    A few points though:
    1.the REE prices are still so much higher than what brokers are using to value Lynas.
    2. REE prices will probably be better for lynas, with increased probability of better purity.
    3. REE prices will eventually go up again due to increased green technology applications; and China upgrading plants to improved environmental standards and protecting their manufacturing future (resulting in decreased export quotas).

 
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