with all the negatives - why are investors so

The overall net assets of Lynas Corporation as at June 30, 2013 was $628.7 million

There were 1,960,801,292 listed shares as at June 30, 2013

Share value (dividing number of shares into net assets of company

32 cents

As of 30 June the company's plant in Malaysia has be plagued with operation issues - due to sub standard piping, valves, etc

There have been no sales

There has been ongoing expenditure

There has been a golden handshake payout of 1 million dollars to a retiring chief

There has been no ongoing timely continuous disclosure regarding operations

Chinese officials have said there is more than enough light rare earth reserves in the country to last 100 years

AND

Lynas is not currently producing any product

Surely, surely with all these negative - I cannot fully understand how the share price has held up at these levels

I continue to sit on the sidelines and wait for the quarterly report and conference call

btw - all comments made about this company is my opinion only