Lynas

Lynas reports that it has been advised by Malaysian authorities that its licence to import and process lanthanide (rare earth) concentrate is now valid until 1 Jan 2024. This removes the requirement to shutdown the Malaysia cracking & leaching plant on 1 July 2023 and the plant will now operate until 1 Jan 2024.

Paypal

PYPL:NAS has been consolidating between $71 & $76 for the past 8 weeks. The stock offers value and may break to the upside of the channel.

Apply a stop loss at $71.04

Note: Paypal reports March quarter earnings this Thursday.