That’s not correct, ARU needs NdPr price above circa $34 now, include production credit and also phosphate credit.
As per recent presentation, we are in the lowest quartile.
Not to mention in a supply deficit (ex -China) in that will support a premium pricing. As noted by Darryl, why wouldn’t a OEM pay x4 to get a $53k out the door.
Not to mention our production timeline is at the height of this deficit.
This only matters if your long - ( have to put this disclaimer as long holders are often ridiculed and attacked here). That’s if your staying the course, but I understand I’m on the chart section, and comments in this section tend to fluctuate according to whether or not a person is buying or selling today.
ARU Chart Thread, page-2639
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