"It's SP is floundering around dependent on REE price and minor production adjustments"
Moving on to your next point - would you call a 50% increase in production of NdPr a "minor production adjustment" ?
On your point about the price of Nd & Pr I agree that is pertinent. But given the current forecasts for magnet material demand it is odd to expect the price to drop a great deal over the long term. In the short term there are obvious challenges (viz: China US trade war) but quite frankly it is not clear at this point what the outcome will be. Indeed it is quite possible to see it developing into a situation that is extremely positive for Lynas.
Today's chart & trading, page-768
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$6.94 |
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| $6.94 | $7.04 | $6.88 | $12.16M | 1.750M |
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| No. | Vol. | Price($) |
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| 51 | 23027 | $6.93 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.94 | 14096 | 18 |
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