Thanks ski - prob jinx the green shoots of a 4 week bounce. Very positive particularly the quarterly stating increased PrNd production which is an obvious strategy by team Lynas. Shaping to be best quarter in some time re production/sales given the inventory they held back - just low on the pricing overall but improving.
Not sure if I mentioned here previously that AsianMetals site on 5th May had a headline that 16 Chinese PrNd producers shut down. I did my 1 month free trial some time ago and could not see the full article as to why - speculate high inventory and low pricing so reduce inventory and perhaps the reason we have seen PrNd price increases from same time - certainly coincides. Question is when will they resume production/refining? Anyway other reo's are attracting higher pricing to so paints a rosie picture. Good luck to you also and all.
LYC Price at posting:
$7.65 Sentiment: Buy Disclosure: Held
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