NdPR price, page-1611

Listen to SAR CC AL talked about how much expenses are going up.

I never said profits would be zero What I said is they would drop substantially and this would cause a dramatic drop in SP As we have seen since SAR.

Lets look at best year Lynas ever had 2022 Revenue was 920 M Profits 540M For an amazing profit ratio of 58%

Do you remember how when REE prices were soaring every one loved to say it all goes to bottom line. The opposite is also true. Price drops come off the bottom line. So prices are now down about 50% but to prevent arguments I will say 45% 920 X .45 = 415. Subtract that from 520 and profits will be 105. I actually think they will be better than that probably close to 250M they did make 150M in H1, on 370 M of revenue. For a margin of 40% but prices are way down since then. You should listen again to SAR CC and here what AL said about expenses increasing. I am awaiting Q3 report and CC it will tell us a lot about FY 2023.

Alot was made about water shut down and it did cause problems. But we now know how long it was and impact. It hurt for sure but not as bad as many people on this board want to make it. Q3 2022 sales REO T 5067 Q4 3719, Q1 2023 3325 Q2 3725.

Lots of people like to blame Elon and tesla for slide that announcement was first week in February. Most of that had been made up by the time of SAR last day in February. So look at SAR and decide what caused stock to slide from$8.00 to 6.00 then speculate some more about why SP is going to be OK.

You continue to use EBIT do you not know EB stands for Earnings Before. What makes you think Taxes and interest are not real expenses?
Look at real earnings and stock prices I also never said Earnings would be zero. What I said is they were dropping and that would cause a SP drop for sure. Not sure where you obtained your numbers but I knew they had a loss in 2020. EBITDA 59M loss 19M. Also For someone that loves to use
EBIT You should understand the difference between EBIT and EBITDA you keep saying EBIT then using EBITDA numbers.

So here are my predictions A slide in SP will start a few days after Q3 release. Results will be SP in very low 6.XX after a few months.
A further slide in SP after Q4.
A big slide after AR.
There is one thing that can mellow this slide. If NdPr production jumps to near NEXT rates of 1800 T a Q it will help. not stop it but price may stabilize in 6's What is your prediction then we can watch.