All true. Great news sometime in future. But with many layoffs in the alternative energy field in US when do you expect this to add to PM demand? that is what is important in my view. Now wind could come back strong in as little as 6 months I do not know but right now it is just contributing to low PM prices. NdPr is close to hitting a 10 year low reached Jan 2017 USD 31.90 I keep seeing all these articles that may help sometime in the future. No one seems to have anything that will help in the next couple of years and that is what Lynas needs. Not more of Lynas will be great in the future which we have been hearing for about 10 years.
https://www.washingtonpost.com/climate-environment/2020/05/04/coronavirus-crisis-hits-solar-wind-energy-industry/
https://www.greentechmedia.com/articles/read/vestas-makes-400-job-cuts-as-coronavirus-impact-bites
https://www.news18.com/news/tech/covid-19-wreaks-havoc-on-wind-solar-energy-industry-with-layoffs-delayed-construction-2606879.htmlHey AUS why do you not reread this post of yours. Explain why the REO prices are at where they are today. Explain why REO fell so much while Lynas was shut down. Why Lynas only made 3.9 M in H1 which was before the virus. Then explain why you are so smart and i am such an idiot.
While your at it Explain your AUD 3.00 Prediction for march '20. The high for march was march 1 AUD 1.81 Low March 16 1.08 and close March 31 1.44. Please tell me what day your $3.00 was reached. So many insults so little facts and never admit when you are wrong especially when you are grossly wrong. 3.00 prediction. Post #: 42347785 Also you predicted robust demand. Now I am sure you will say it was all the viruses fault but here is a chart of NdPr prices posted by Lynas June - March what trend do you see well before Virus. In fact from June till end of December NdPr price fell a little less than 10 USD. 45.80 to 36.2 From Jan to now 35.60 to 32.78. So justify why you think Demand was not a problem long before virus. Lynas produce far less supply than you expected with your predictions. So why the drop in prices?
People in glass houses should learn not to throw stones.
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