I still can't believe that posters here still don't understand
What is going on
Lynas are now operating
Nothing will change this as long as Lynas operates safely
SMSL have done doing but oppose a plant that they feel
Could be dangerous
What SMSL through the the media and posters here have done
Have hidden the real problem with the SP
The real fact is REO demand is falling
Prices have dropped big time and continue to fall
Producers of goods using the 17 ements are looking for
Alternatives
Global manufacturing has fallen
The biggest rare earth producer in the world has shut down
Production since October
Other Chinese operations have shut down as well
The basket price is still falling
What will happen when Lynas are in full production
Basket price could be less than half what it is now
This is the reason for the low SP
Things certainly don't look good
I know the rampers will have a negative view
But to continue to put any blame for the low SP on SMSL
Is almost laughable
I guess people in general look for some easy reason and actually
Have a blame focas rather than the real reason their investment
Is not performing to expectations
Most would have thought when in production the SP would be $2
I was one of them
To think SMSL have much influence on this is wrong
All we can hope is global manufacturing picks up and new uses
For rare earths come along
Certainly no big spike in the SP coming
So it would be best to realize this than continue to blame
SMSL or even shorters
It would be better to short a resource stock with falling demand
Than any other stock
Imoo
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