Ausheds says "and happens to have one of the best, if not the best, RE resources on the planet.". I know this to be true as a senior employee (many years ago) of a company that owned the REE in Mt Weld. As I knew the depsosit, I put most of my trading cash in LYC and as the price fell, I put more in until I had nothing left. Then I realised that it is a far cry from having the world's best deposit in the ground to actually making a profit becuase there are complicated processing issues, corporate shenanikins and marketing problems all of which contribute to the share price. So (in theory) I lost most of my investment and with that comes a frugal lifestyle. I think, apart from the resource, and the lamp, the best asset LYC has is Amanda. Bottom line is that I am absolutely confident that in the next year or two I will not only recover my investment but I will actually make a profit. Mt Weld is a superb deposit; the lamp is world class; Amanda is a world class CEO. I am so confident now in LYC and just wish I had the resources to buy more shares. Ausheds thank you for your informative, and somtimes abrasive, posts. Please keep them coming.
Ausheds says "and happens to have one of the best, if not the...
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