Another slow week. Evering thing was flat from concentrate to Magnets. a couple of magnets dropped some on Thursday but at this point unless it continues not worth looking at. NdPrO did drop on Friday back to where it was two weeks ago 399 RMB. this is a bottom. I remind every body I said it would trade from 450 to 550 in early June. NdPr would have to rise 12 % to be at the ow end of that range. JMO NdPr would have to rise to 800 RMB, 100%, to support a Stock price of $7.00 at a PE of 20 and production of 9,000 KT a year. Seems a long way off to me.
NdPR price, page-2065
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Last
$6.27 |
Change
-0.025(0.40%) |
Mkt cap ! $5.865B | |||
| Open | High | Low | Value | Volume |
| $6.29 | $6.30 | $6.24 | $7.349M | 1.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15618 | $6.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 9846 | 62 |
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| Last trade - 13.42pm 18/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |