LYC 0.90% $7.70 lynas rare earths limited

why i sold today., page-35

  1. 8,917 Posts.
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    Now 1 week into July. Every day that passes without contract sales being announced is a larger risk of not so good news in the 1/4 report - IMO.

    On the basis of no sales being reported over the past few months it is not too far fetched that some believe that no sales have taken place. Is there ANY confirmation that samples have been accepted by the clients who signed the MOUs some years ago? Waste production sales?

    The 1/4 could be good, or it could be ugly. Maybe the 'big boys' have a good ideas and that is why the SP is where it is.

    Another green day on the markets with good numbers from Europe over night, but LYC appears moribund in the range of 39c +/- a couple.

    It is not a stock for a large % of a retirement fund - that is for sure.
 
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