Ishould think that when you see AUS and I agree on something, which seldomhappens, You would at least think about it. China needsLynas, China knows it. With a viable second source the pie will be much larger and China will do much better with 80 % of that large PIE than 100 % of the very small Pie that would result if China is a sole source.
Thinkabout this for a moment. When Lynas will really short on cash China stepped in and bought a bunch of the Ce La and CeLa blend AL referred to China as being a major customer for these products. Till last Q they were buying SEG for a good price. Now why would China buy anything from Lynas if they wanted them out of the way?
dr looi on fb malaysia, page-123
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Last
$6.88 |
Change
0.100(1.47%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.81 | $6.93 | $6.74 | $19.63M | 2.851M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14245 | $6.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 157125 | 9 |
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