rare earth price increases and kre

Hi all

Posted on Nav thread and I know everyone reading this is a NAV holder but thought I would post it here as well

Potential value of Kre. If one thinks that increas ein the underlying price of the resources have big increase sin valautions, what do the follwing numbers tell you about KRE at what it may float at

REO prices Jan 10- Nov 10
Please note - they have increased to new records since Nov 10. Remembering that the rare earth vlauations do not capture a fair percentage of this increase

REO prices (Oxide 99% min FOB China US$/Kg)

REO type
2010 jan - Nov 2010

Lanthanum Oxide
797%
Cerium Oxide
1140%
Neodymium Oxide
297%
Praseodymium Oxide
280%
Samarium Oxide
637%
Dysprosium Oxide
165%
Europium Oxide
31%
Terbium Oxide
71%
Gadolinium Oxide
630%
Yttrium Oxide
406%