LYC 0.77% $6.56 lynas rare earths limited

why lyc sp is stagnant ? when will it move up?

  1. 12,940 Posts.
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    It appears LYC SP has been held down by three manin issues:-

    1.The MEDIA down ramp on the IAEA findings, which was false and really should have had a positive impact on the SP.
    2.The US Debt issue.
    3.The Euro Debt issue(Italy,Ireland,Greec,Portual & Spain)

    It appears once the U.S. announces a plan to solve the debt issue the market will react positively, and this could happen as early as next week.

    With recent upgrades by various brokers the SP should hopefully break out in upwards direction sooner rather than later...what are the views of other Lynas shareholders as to when the SP willl start the move back up towards $2.70 and beyond...what needs to happen to make this happen?
 
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