All $ are USD
Where do I say anything about my electric being cheap. In US you receive two separate bills. They are in same envelope. One is the company that supplies the power and puts it on the grid. This if you buy green power is about $0.15 this is where you have a choice and what I talked about. The other is from the company that delivers the power. This company takes care of billing and maintaining the local grid. this is also close to $0.20 so I am paying $0.30 or more. Now some countries have very high taxes as well this is very common in EU. I do not include taxes when talking fossil fuel VS green. Because they are not relevant to cost of each. Why? AL was very positive but the underlying news was not good at all. The following are just a few of what I saw as negatives There were positives I will let others point those out.
- Revenue was down YOY 775 down to 477 47%
- Production was down QOQ All REEO 3545T to 2188T 39%, NdPrO 1724T to 1504T 13%. YOY All 4475T to 2188T 50%, NdPr 1863T to 1507 20%
- Production cost were up (in spite of all AL talk about how much they were working to lower them) Q4 AUD 84 M / 2188T= AUD 38 / KG. Q3 AUD 124.7M /3609 T= $34.40 / T.. Q4 2022 AUF 109 M 4475T = $24 / T So QOQ cost up 10 % . YOY 58%. With lower prices cost going up is a very bad problem.
- After all the talk about putting product in inventory in Q3 CC AL said they sold a couple 100T out of inventory this Q. changing is great and should be done when there is good reason. To change and not explain why usually means you are hiding something.
I think you like many others on this board just listen to the upbeat talk never realy look at numbers or go back and compare with old numbers to see trends. To help show these trends is why I put the public data into charts and tables. This is probably one of the top 3 as far as predicting future stock price. In spite of Lynas taking some actions like selling inventory I will stick with my prediction for profits in the AR. Down 82% from 2022 and 66% from 2023.
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Yes Biden increased Debt 3 rd biggest of any resent president 22% so far, 42 months. Second only to Trump who was up 40% over 48 months. what was a surprise to me was Obama was up 40% over 48 months 80% over 96 months.
You should also look at Fed reserve debt as well which skyrocketed during trump and fell during Biden. It is all debt our children will have to carry. What is also very important to me is debt as % of GDP, chart in link . now about 10 X GDP Most banks want to see a max debt to income level of 2 or possibly 3 to one before issuing a loan.
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