Would be nice Banana. Two 4 day weeks in a row with Easter...

Would be nice Banana. Two 4 day weeks in a row with Easter however expect some great announcements in April and for the rest of 2024 and beypnd really.

Well over 120 million shares traded this week in a very tight primarily 5% range. The BOTS are hard programmed - adjusting - shorts and hedgers playing - not all short position are shorts - hedgers as seen on 850 ann sold off some - sure most understand the differences between the two. Post 850 ann it was game on between them and retail traders and new arrivals with longer term views. Anyone with time may wish to you tube CNN - "watch Citidel's high speed trading in action" - and they are just one of ........

Also nice to see Thu/Fri PrNd prices green after a long period of falls!

On the longer term - how China respond to huge global progressive RE news over past months is certainly going to be one to keep an eye on. Their current RE - downstream magnet controls are eroding rapidly. Their past employment to collude, restrict and control in turn suffocating RE development by other nations has run its course. Would they ramp up prices to cash in - to prevent/reduce stockpiling at these carrot prices by the WEST - with the full RE export controls initiated by China's Gov they would know exactly how much and where it is going - well except traceability through allied hands/consumers.
Would that not be nice to see strong PrNd prices arrive sooner than later.

Then one thinks where does one want to be positioned. Lynas are brilliant and expanding rapidly and currently only low RE pricing is inflecting sp down 50% - still it's a bargain.
However who's next in line. I believe that became apparent on the 850 ANN. With that one can see multiples of the current sp as each milestone is ticked - each major ann arrives.
The rest = well some will some won't. Some will make it some wont just as seen with lithium crowded space. ASM now appears very compelling but yet to be confirmed yet expect it will but they are some ways off - ILU, HAS, BRE all of interest as is Vietnam increased production. But in sticking with ASX investments ARU stand out considerably. Not just in timing - next to production but the TIER 1 governments and companies that have been a long time developing and now all will be concluded very soon to commence immediate construction and start to deliver on the off takes and nurture those TIER 1 relationships for decades to come and growth - increased production equals new customers - or more supply to existing customers or even better still more on the spot market whilst all others are still catching up and battling their way to production over next decade - ARU will be in an envious early position advantage over all other but Lynas - not bad at the current 20c - madness really - we were there and stable a short time ago before that concerning CR in Dec was it? now with 850aud million of gov debt facilities behind us - thus de risking Nolan's development and paving the way forward for final financial close in the very near term - literally de risking ARU and Nolan's development - here we are 20c.

Have a great weekend all.