LYC - Lynas Rare Earths

[Boggo]

There seems to be someone taking an interest in it.
(I do hold)

 

[TheAbyss]

Table below for all trades greater than $200k in value today and there were another 63 trades today greater than $100k. 4000 less than 100k in value. Good day i thought.

Time Price Volume Value Condition
2:18:33 PM 1.805 250000 $451,250.00 XT
2:09:11 PM 1.79 250000 $447,500.00
12:00:41 PM 1.82 250000 $455,000.00
11:57:54 AM 1.82 200000 $364,000.00
11:50:31 AM 1.83 188304 $344,596.32
12:20:31 PM 1.82 187868 $341,919.76
3:23:29 PM 1.8 150000 $270,000.00
10:22:59 AM 1.81 145477 $263,313.37
3:37:29 PM 1.805 145204 $262,093.22
1:45:08 PM 1.795 134362 $241,179.79
12:01:03 PM 1.825 128330 $234,202.25
4:10:25 PM 1.815 120064 $217,916.16
10:22:54 AM 1.81 120000 $217,200.00
7:15:15 AM 1.796 115340 $207,150.64 LT XT

 

[mattryanshares]

Latest LYC investor presentation.

http://imagesignal.comsec.com.au/asxdata/20110209/pdf/01149299.pdf

 

[Logique]

Updated from the chart posted on 7 Jan 11.
Been following Lynas for a long time, (and ARU Arafura as well). With some encouragement from the TA, and with my broker now offering lending value on the stock, I decided that now was the time to join the share register.

 

[mattryanshares]

If you've been out of touch with Rare earths here is an update on the last year and LYC

http://www.smh.com.au/business/worl...stment-on-supply-concerns-20110215-1au8x.html

 

[Logique]

Thanks MS,
from that link:

...$550 million Mount Weld mine, which the company says has the richest grades of ore for rare earth metals in the world...

Also in the latest ASX ann - your link above: Investor Presentn - I like that chart with the circles showing the expected resource volumes, with Mt Weld the biggest circle on the page. First production expected in Sept11 quarter...all good.

The FIRB directive in 2009 to limit foreign ownership to less than 50%, is looking a wise ruling in terms of Lynas' marketplace positioning.

 

[enigmatic]

I was not aware Lynas had a second project in the works which would be completed before ARU.

 

[mattryanshares]

This off hotcopper

China to regulate rare earth industry

Published 12:23 PM, 16 Feb 2011




From
http://www.businessspectator.com.au...f-rare-earth-indu-E52R3?OpenDocument&src=hp10


Reuters

SHANGHAI - China will soon publish rules to strengthen supervision of the country's rare earth industry in a move that is likely to "drastically" change the landscape of the sector, the official China Securities Journal reported.

New rules will require Chinese rare earth producers to make better use of natural resources, reduce pollution, control the scale of mining and adopt more advanced mining technologies, said the newspaper, citing unidentified government sources.

The regulations will also encourage consolidation of China's rare earth industry, it added.

China's International Business Daily reported on Tuesday that the country was likely to create a rare earth industry association in May to help its miners obtain more pricing power in the global market.

China, which produces about 97 per cent of the global supply of the metals, cut its export quotas by 35 per cent for the first half of 2011 versus a year earlier, saying it wanted to conserve reserves and protect the environment.

 

[TheAbyss]

This off hotcopper

China to regulate rare earth industry

Published 12:23 PM, 16 Feb 2011




From
http://www.businessspectator.com.au...f-rare-earth-indu-E52R3?OpenDocument&src=hp10


Reuters

SHANGHAI - China will soon publish rules to strengthen supervision of the country's rare earth industry in a move that is likely to "drastically" change the landscape of the sector, the official China Securities Journal reported.

New rules will require Chinese rare earth producers to make better use of natural resources, reduce pollution, control the scale of mining and adopt more advanced mining technologies, said the newspaper, citing unidentified government sources.

The regulations will also encourage consolidation of China's rare earth industry, it added.

China's International Business Daily reported on Tuesday that the country was likely to create a rare earth industry association in May to help its miners obtain more pricing power in the global market.

China, which produces about 97 per cent of the global supply of the metals, cut its export quotas by 35 per cent for the first half of 2011 versus a year earlier, saying it wanted to conserve reserves and protect the environment.

Add to that China tried to buy LYC last year for this very reason. Further proof that China are years ahead of the game. If you see China buying somewhere look around for the opportunity and hold onto it.

Imagine if FIRB allowed that to go through. Kudos to FIRB for denying that as LYC would have been lost to shareholders.

This underpins LYC as the premier RE play for the next 18 months (when Moly comes online and a reassessment will be required based on contracts signed by LYC in the interim).

 

[Logique]

Tried unsuccessfully to find out the date of their results announcement - can anybody helps, thanks in advance.

 

[LiL_JaSoN]

seems like good news coming from this stock lately.

 

[drlog]

seems like good news coming from this stock lately.

Really? Seems like bad weather

Seriously though, I don't think today's announcement will have that much of a negative effect - it just means that they will start production a week later. I can handle that. Anyone else have any comments?

I still see a bit of risk in this company but the reward will be massive with REE prices having gone up a little recently.

 

[LiL_JaSoN]

Really? Seems like bad weather

Seriously though, I don't think today's announcement will have that much of a negative effect - it just means that they will start production a week later. I can handle that. Anyone else have any comments?

I still see a bit of risk in this company but the reward will be massive with REE prices having gone up a little recently.

lol, i posted that before the announcement re weather was made.

reckon there will be some good news in the next few wks. (hopefully)

i brought in at 1.83, closed at 1.90 today.

 

[Logique]

lol, i posted that before the announcement re weather was made...reckon there will be some good news in the next few wks. (hopefully)..i brought in at 1.83, closed at 1.90 today.

Yes she bounced back up from 1.81 with some conviction, and I added to my holding also. It had a good afternoon yesterday, in sympathy with ARU which released a strong announcement about expected prices for their Nolans prospect.

It's about the enormous potential of the REE market, both LYC and ARU are well placed.

 

[6figures]

Lyc bounced back to its 52 week highs yesterday and today, anyone know why?

now trading at $2.200.... I bought in at $1.763.. anyone if they are due for a draw back..?im thinking of selling off around 2.210 and buying back if there is a draw back..

01/03/2011 8.2% $1.985 $2.120 $1.980 $2.110 66,433,332
28/02/2011 2.4% $1.945 $2.010 $1.935 $1.950 31,445,577
25/02/2011 3.5% $1.845 $1.905 $1.830 $1.905 31,377,836

 

[TabJockey]

Lyc bounced back to its 52 week highs yesterday and today, anyone know why?

now trading at $2.200.... I bought in at $1.763.. anyone if they are due for a draw back..?im thinking of selling off around 2.210 and buying back if there is a draw back..

01/03/2011 8.2% $1.985 $2.120 $1.980 $2.110 66,433,332
28/02/2011 2.4% $1.945 $2.010 $1.935 $1.950 31,445,577
25/02/2011 3.5% $1.845 $1.905 $1.830 $1.905 31,377,836

Its because REE prices are sustaining or even increasing thier high prices and LYC is getting close to production. LYC's SP is typical of a devealoper getting closer to production. If I had to make a guess I would say there is now a pretty solid floor on $2 and you will see a gradual rise to $2.80 or so approaching production with less downside volatility than we have seen in the past.

Its easy to offload your LYC shares when they have doubled ina few months and they are 12 months away from making a cent, its allot harder to sell out when you are close to owning an oligarch producer of an bullish looking materials basket.

 

[nioka]

For months now LYC's SP has been manipulated by (we know who) to create great volatility. Despite this there has been a steady upward trend. This volatility and this trend will probably continue for some time, especially in view of the approaching start up of the concentration plant which has been delayed by the continuing wet werther. This delay is of no consequence as there is plenty of time to stockpile concentrate before the LAMP is operating. Everything there is "on time and on budget" according to management.

The increasing "basket price" for the Lynas product continues to rise and the probable Lynas profits are rising in proportion. Other intending producers are well behind in the start up stakes leaving LYC in a great marketing position to take advantage of the shortage world wide. They are on selling production, organising stage two and talking further expansion.

Those of us that kept the faith in the bad times are showing great returns and these should continue to grow.

 

[TheAbyss]

For months now LYC's SP has been manipulated by (we know who) to create great volatility. Despite this there has been a steady upward trend. This volatility and this trend will probably continue for some time, especially in view of the approaching start up of the concentration plant which has been delayed by the continuing wet werther. This delay is of no consequence as there is plenty of time to stockpile concentrate before the LAMP is operating. Everything there is "on time and on budget" according to management.

The increasing "basket price" for the Lynas product continues to rise and the probable Lynas profits are rising in proportion. Other intending producers are well behind in the start up stakes leaving LYC in a great marketing position to take advantage of the shortage world wide. They are on selling production, organising stage two and talking further expansion.

Those of us that kept the faith in the bad times are showing great returns and these should continue to grow.

LYC is following a predictable trend. Almost producing and plenty of legs left yet as per the attached which i put together for the hell of it.

I also did same for AGO and it validates the chart however if correct shows AGOP with a lot more upside yet to come.

 

[6figures]

LYC is following a predictable trend. Almost producing and plenty of legs left yet as per the attached which i put together for the hell of it.

I also did same for AGO and it validates the chart however if correct shows AGOP with a lot more upside yet to come.

thanks for the chart thats interesting.. would seem logical to stock up... ??

 

[nioka]

LYC is following a predictable trend. Almost producing and plenty of legs left yet as per the attached which i put together for the hell of it.

I also did same for AGO and it validates the chart however if correct shows AGOP with a lot more upside yet to come.

Don't take too much notice of the comparison. The only similarity to the chart is that it shows the GFC effect on Lynas chart as something that should have been expected. It purports to show the effect of rising rare earth prices. Any similarity is purely coincidental. It also shows Lynas as having had the "production" rise that is months away at this stage.