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LYC, LYNAS CORPORATION LIMITED
blacksheep
post Posted: Mar 14 2019, 01:02 PM
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Posts: 5,579
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China becomes world's biggest importer of rare earths – analysts
Reuters
extract
QUOTE
Washington had last year proposed slapping tariffs on rare earth imports from China in a trade spat between the two countries, before reversing its decision.

Myanmar, meanwhile, last year became a vital source of dysprosium, terbium and gadolinium for China's magnet and alloy manufacturers, according to Castilloux, whose numbers are based on customs data and Adamas' own research.

If Beijing ends up banning rare earth imports from Myanmar this year — due to fears the Southeast Asian country is being used to "launder" illegally mined Chinese material — China could temporarily revert to being a net exporter of the seven key rare earths in 2019, Castilloux said.

But rising Chinese imports look set to be a long-term trend, he added. Other than Lynas Corp, a rare earth producer that operates in Malaysia and Australia, "any company that's reached production in recent years has done so by selling rare earth concentrate to China", Castilloux said.

http://www.mining.com/web/china-becomes-wo...arths-analysts/

Total short positions as at 8/3/19 = 8.25%
https://www.shortman.com.au/stock?q=lyc

SP currently up 5.24% @ $1.6575
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Mar 4 2019, 02:43 PM
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In Reply To: blacksheep's post @ Feb 28 2019, 09:03 PM

2 x notable short alerts in last two trading days
QUOTE
Fri 1st Mar, 2019 4,604,364 665,681,660 0.69% 8,620,906 53.41%
Thu 28th Feb, 2019 5,388,155 665,681,660 0.80% 10,843,927 49.69%.


Total short positions as at 26/2/19 = 5.68%
https://www.shortman.com.au/stock?q=lyc

SP currently down 3.75% @ $1.6025

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Feb 28 2019, 09:03 PM
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Posts: 5,579
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In Reply To: blacksheep's post @ Dec 6 2018, 06:27 PM

LYC auditors flagged the issue of the requirement to export ALL WLP residue under "Going Concern" in LYC's HY Dec 2018 report

QUOTE
Emphasis of matter – material uncertainty related to going concern
Without qualifying our conclusion, we draw attention to Note 2.2 to the financial statements which
describes the principal conditions that raise doubt about the consolidated entity’s ability to continue as a
going concern. These conditions indicate the existence of a material uncertainty that may cast significant
doubt about the consolidated entity’s ability to continue as a going concern. Our conclusion is not
modified in respect of this matte


relevant section of 2.2
QUOTE
Based on the above, the Directors consider it appropriate to prepare the financial statements on a going concern basis. However the Directors
also point out that in the event that the Group is unable to resolve the pre-condition currently stipulated for the renewal of Lynas Malaysia’s full
operating stage licence that requires export of all WLP residue before September 2, 2019, there would be material uncertainty as to whether the
group would be able to continue to operate the LAMP in Malaysia in its current form beyond September 2, 2019 and in that instance, whether
the group can continue as a going concern and, therefore whether it would be able to realise its assets and discharge its liabilities in the normal
course of business and at the amounts stated in the financial report.


Hopefully they can find a solution - and quickly!

SP ended the day down 1.95% @ $1.76 - hit a low of $1.62 earlier in the day
Total short positions @ 22/2/19 = 5.78%
https://www.shortman.com.au/stock?q=lyc
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
mullokintyre
post Posted: Feb 15 2019, 10:08 AM
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Posts: 1,684
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In Reply To: blacksheep's post @ Jul 23 2018, 03:37 PM

QUOTE
CLSA rates LYC as a Conviction Buy with a $3.50 target - currently SP is $2.15, up 6.44% currently
from their Quarterly


This was only July last year.
Up 13% today.
Something is up.
Still below my low ball bid of 1.88 back then.
Damn lucky i never got taken out, would have been sitting on some losses for a while.
Mick



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sent from my Olivetti Typewriter.
 
blacksheep
post Posted: Dec 6 2018, 06:27 PM
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In Reply To: blacksheep's post @ Dec 4 2018, 07:13 PM

QUOTE
"Lynas must remove radioactive residues from Malaysia" - where's it going/who will accept?

AFR article covers in this article

Lynas faces $60 million radioactive waste transport bill

QUOTE
If Lynas decides to return the waste to Australia, which is the preferred solution of its critics in Malaysia, regulatory challenges will begin with cross-border transport.


QUOTE
The Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), the federal agency tasked with radiation safety and nuclear safety, said that once on Australian soil, state regulations on transport kick in.


read more - https://www.afr.com/business/mining/rare-ea...20181206-h18toh



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 6 2018, 12:26 PM
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Posts: 5,579
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In Reply To: blacksheep's post @ Dec 5 2018, 02:25 PM

Notable short alert yesterday
QUOTE
Wed 5th Dec, 2018 9,310,567 665,681,660 1.39% 23,780,085 39.15%

https://www.shortman.com.au/stock?q=LYC

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Dec 5 2018, 02:25 PM
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In Reply To: blacksheep's post @ Dec 4 2018, 07:13 PM

LYC ann out this morning - https://www.asx.com.au/asxpdf/20181205/pdf/...zbrjqcsdnln.pdf - as expected, SP took a hit down 22.17% cureently @ $1.65
Total short positions @ 29 November 2018 = 4.22%
https://www.shortman.com.au/stock?q=lyc
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 4 2018, 07:13 PM
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Posts: 5,579
Thanks: 2100


In Reply To: blacksheep's post @ Nov 13 2018, 11:38 AM

"Lynas must remove radioactive residues from Malaysia" - where's it going/who will accept?

Malaysia sets licence renewal conditions for rare earths miner Lynas
December 04, 2018, 03:03:00 AM EDT By Reuters

QUOTE
The ministry said in a statement that Lynas must remove radioactive residues from Malaysia and will need to submit an action plan for non-radioactive waste disposal for future licences or permission renewals.

In a report issued on the ministry's website, a committee commissioned to review Lynas' processing plant also recommended improvements to residue management, periodic health monitoring and studies to identify the source of heavy metals in areas near the plant.

https://www.nasdaq.com/article/malaysia-set...-20181204-00102
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 13 2018, 11:38 AM
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In Reply To: blacksheep's post @ Oct 5 2018, 04:25 PM

PUBLIC HEARING IN MALAYSIA
QUOTE
Lynas Corporation Limited (ASX:LYC, OTC:LYSDY) provides the following update to its
announcement dated 9 November 2018.

The Review Committee held a public hearing in Kuantan, Malaysia on Sunday 11
November 2018. Participants in the hearing included the Ministry of International Trade
& Investment, the Atomic Energy Licensing Board, the Department of Environment, the
Ministry of Health, the Department of Occupational Safety & Health, Lynas Malaysia and
other interested parties. There was no outcome from the hearing on Sunday. The
Review Committee indicated that its report is scheduled to be submitted to the Minister
on 27 November 2018.


Lynas will update the market, as appropriate, when there are further developments or
when the outcome of the Review process becomes known.


Yesterday media outlets reported - Lynas unscathed by first Malaysian review hearing - sending SP higher. Might have been a bit premature?

QUOTE
Lynas Corporation appears to have emerged unscathed from the first major hearing in the Malaysian government's review of its rare earths refinery, sending its share price to a three-month high.

Malaysian media and Australian equity analysts attending Sunday's five-hour hearing reported that numerous Malaysian government agencies endorsed Lynas' track record of compliance with rules and regulations.

https://www.afr.com/business/mining/lynas-u...20181111-h17s3p
https://www.shortman.com.au/stock?q=lyc



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 9 2018, 12:17 PM
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In Reply To: blacksheep's post @ Oct 7 2018, 06:36 PM

LYC participating in this upcoming forum
QUOTE
Expert Forum - Sustainable Materials for Future Mobility: E-drives, Magnets, Batteries

Under the umbrella of the newly formed European Battery Alliance (EBA), EIT RawMaterials and its partner TU Darmstadt, are organising a two-day workshop on Sustainable Materials for Future Mobility: E-drives. Magnets. Batteries, which will take place on 23-24 October 2018 in Darmstadt, Germany.

The workshop is a next step in implementing some of the action points raised in the EBA Action Plan and the Commission's Strategic Plan on Batteries. The discussion will focus on setting up fertile grounds for the creation of cross-value chain alliances, defining and implementing demonstration projects, and developing an agenda towards sustainable battery technology. On the second day, the workshop will focus on the very much related subject matter of magnets and e-drives.

Representatives from industry, academia, and research organisations (including non-EIT RawMaterials members) working in the field of strategic and critical raw materials for electrification are invited to attend. Among other confirmed participants, there are representatives of the Finnish Minerals Group, Savannah Resources, Umicore, Bühler Redex, Transport & Environment, Leading Edge Materials, Lynas, Fraunhofer, Uppsala University, and Vacuumschmelze.

Preliminary program

Day 1: European Battery Alliance. State of Play and Funding Tools; Sustainable Materials for Future Mobility (Market Needs, etc.); Battery Raw Materials. Exploration, Mining, Extraction, Recycling; Advanced Battery Materials; Sustainable Batteries; Breakout Sessions; Dinner; Satellite Workshop on Materials by Design organised by Uppsala University.

Day 2: Rare Earths: Exploration, Mining, Extraction, Recycling; High Performance Permanent Magnets; Permanent Magnet Drives and Cooling Machines; Breakout Sessions; Closing Remarks.

https://www.eumonitor.eu/9353000/1/j9vvik7m...drpx4&tab=1



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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