is it true , page-35

Well Cafa I was wondering what you make of the rises at the Baotuo Rare Earth Products Exchange over the last month.
Seems you won't have to wait six months for your 20% rise in REE prices after all.
The following is non-refutable fact not pure speculation.

Prices are per Kg in Yuan.

Product -- 28/3 ----- 25/4 --------- %Gain

CEO -- --- 20 -- ----- 20.52 ---------- 2.6%

DYO -- --- 1750 -- -- 2170.00 ------ 24%

ERO -- --- 345 -- ---- 420.90 ------- 22%

EUO -- --- 4000 -- -- 4950.00 ---- - 23.75%

LUO -- ---- 8750 -- -- 10090.00 --- 15.3%

NDO -- --- 325 -- ---- 375.50 ------- 15.5%

PNO -- --- 320 -- ---- 388.00 ------- 21.25%

PRO -- --- 595 -- ---- 663.90 ------- 11.6%

TBO -- --- 3330 -- -- 4130.00 -- -- 24%

YO -- ----- 60 -- ------ 72.1 -- ------ 20.2


Your right it is a funny old world Cafa, at times, when one has a single train of thought.
Your pessimistic attitude is consistent with your mission to achieve a lower reentry price into LYC.
Otherwise as a non-stock holder you'd just go away and troll elsewhere.
The only problem Lynas is facing is COP and cashflow to get them through to nameplate production. Not insurmountable.
The ASP would be increasing inline with the rest of the world.
In case you hadn't noticed there have been about three or four new US REE Start ups recently in the media.
I don't think this would be the case if the market for REE was disappearing.
They all need 500 million USD to get going though.
Lynas has already jumped all these hurdles and is headed toward nameplate in the near future....