Was watching that--and the rise continues! Just a matter of time until this explodes upward when China just plain stops virtually all exports of REE. That day is coming. I can wait and just put up with 10% gains a day until that time. LOL
ha. I do think we'll see $5 in 2011 and who knows, maybe we'll see $10 once Lynas gets near to production and is still leaps ahead of everyone else as far as nearness to production.
The company seems to have a rather small market cap at the moment considering they'll be one of the first outside of China producing REEs for the world. I think if Molycorp is commanding a $1.8B market cap, Lynas should command something more than $200M.