It makes sense at todays rare earth prices for shenghe to put an...

It makes sense at todays rare earth prices for shenghe to put an offer on the table, around $1.40 would possibly get it over the line assuming most investors have either averaged down or entry below 70 to 80 cents , my average is 55 cents

1. Ore prices peaks project is not viable at today's prices , and forwards prices look uncertain as to some of my below points.
2.but China needs the ore.
3. Outside of tesla most ev car manufacturers are loosing money and including tesla are reaccesing their forward projects (Mexico for tesla ) Volvo, Honda and gm and several projects that where meant to go ahead in 2025 now shelved.
4. Ev sales are down and have platued in growth.

tanzania would prefer this go ahead than shelved, if shenghe takes over as the project will be running at a lose but the benefits still would be benifitial to the tanzania government