Greate post I am sure BHP would not shut down a plant if they thought this shortage of demand was going to be shoer lived. It will not be short lived for REE either. My current 6 month June to December forecast is 400 RMB WV to 500 RMB My last forecast 450 RMB to 550 RMB lasted for a year during that time Price was lower than forecast often and never went above it.
I have calculated that for Lynas to support an AUD 7.00 SP at PE of 30 Lynas needs over 700 RMB for NdPrO. I find it strange that in spite of this I am still labeled a down ramper when all my guesses are high. i believe this is because I am much lower than the dreams of many.
My calculation are based on 2024 SAR for expenses. These expenses will go up in AR and 2025 SAR. Which will either lower stock price, raise PE or raise price for NdPrO or some combination of them all.
LYC Price at posting:
$6.35 Sentiment: Sell Disclosure: Not Held
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