LYC 0.00% $6.80 lynas rare earths limited

wsj story with comments from jack lifton, page-10

  1. 766 Posts.
    I have posted about the problems with China control few days before the WSJ article appeared. I do not think they will get approval from the US government for this deal to begin with. Because of strategic considerations. Secondly, I think that their separation plant is few years behind and they are trying to get some output at all costs because of the law suit. Moly looks to me like a big industrial Ponzy scheme. JMHO.
 
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