Both of you have a good chance of being correct. It all depends on what is in the contract and this is usually a closely held secret. With customer in Japan. Most manufacturing expense at Lamp. and Lynas in AU and China being the ruler on REE pricing. I would not be surprised if there is no USD component in the pricing. I also would not be surprised it it was entirely USD. How prices will be determined is a big issue in any Long term Multinational contract.
So I do not know and will not guess. I find it very important to know the unknows. ANY idea what the ASP will be in Q2? Now that is very important. or how much REE will be made and sold? both far more important than even a 5% change in AUD/USD/
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