time to freak out - after 5 years of patience!, page-3

I am with REO story from year 2006 too ( Lynas ) and I understand your sentiments regarding these frustrating and nice times also. I would like to share your optimistic view for next 18 month. It is possible to be so but depends on a lot of things that are some outside of corporation control ( LAMP, worldwide economic stability, etc. )

Worth to read:

Recently, Goldman Sachs (GS) had the following to say in The Wall Street Journal:

Goldman Sachs analyst Malcolm Southwood, however, said the price boom is nearing its peak. The supply deficit will peak at 18,734 tons this year, equivalent to 13.2% of a forecast 141,524 tons of demand, before the market slips into a slight surplus in 2013, he said in the report published Thursday. The surplus will rise to 5,860 tons or 3.2% of projected demand in the following year, the report said.

Initially, at least, prices will likely continue to rise, he said. The basket price for the Mount Weld rare earths should climb to $227 a kilogram next year, a gain of about 40%. Prices may eventually moderate to an average of $82 a kilogram, but that will happen only in 2015, the third consecutive year of a global surplus, the report said.

"We envisage a closely balanced market in 2013, and modest surpluses thereafter at least, for some of the more abundant light rare earths with some price softening in the 2013-2015 period," according to the report.

GL to all