future ree prices, page-18

kukuty,

i am overjoyed about the ANN. the SP hitting $2 will make me a lot of money.

but in reality, we cannot delude ourselves - the majority of products using REEs are made in China, using Chinese REE.

even if not, China's FOB export price will be very competitive as LEI88 frequently says, setting a tough upper limit to ROW prices.

dont forget NC had to employ an accounts manager. Sales arent exacty coming in. NC himself conceded demand is small and things are quiet.

but in 4 or 5 years, and for critical REEs, maybe what I post here could be very very favourable for LYC, but not in the near future i dont think.