The report was issued on the 22nd of September. Since then the rare earth prices of Nd/Pr have increased from the low of August $31 and Sept $36 to---------- $41 per Michael Roddan article in the Australian, Amanda $52 (some posters attended AGM and heard that figure) , to $52 as per previous links posted by other posters. Ausheads mentioned $39.
Price increase since the report gives me the confidence that the report should be better than Sept especially with the recent update.
Amanda in my opinion will be able to demonstrate the followings:
Sustained increase production especially of the Nd/Pr.
Selling high quality La and Ce at a premium prices.
More cost reduction.
News customers on board.
The above is what market participants are expecting in the absence of any change to previous guidance.
IMO, the factors that will spice things and skyrocket the share price are:
Positive cashflow with build up in the unrestricted and restricted funds., (currency changes will help ).
Announcement of long term agreement especially from the likes of Siemens (details might not be available for commercial confidentiality?).
More money generated from selling the byproducts.
AND MOST IMPORTANT THE MANAGEMENT BEING UPBEAT ABOUT THE MARCH QUARTER, INCREASE IN DEMAND AND INCREASE IN PRICES. THE MANAGEMENT TEAN SHOULD BE ABLE TO SEE THE CHANGES IN THE RARE EARTH MARKETS BEFORE US.
FROM MY END AND IN MY OPINION, IT IS ALL GOOD.
Good Luck to Lynas holders.
LYC Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
(20min delay)